Award of Rs 49,200 cr Odisha, Tamil Nadu UMPPs pushed to June

The award of two 4,000 Megawatt Ultra Mega Power Projects (UMPPs) entailing mega investment of over Rs 49,200 crore has been pushed by over two-and-a-half months to post May, with the shortlisted companies having requested more time for submission of price bids.

Power Finance Corporation (PFC), the power ministry’s arm managing the bidding for the UMPPs, had in December shortlisted nine companies for Odisha UMPP and eight companies for the Tamil Nadu UMPP in the Request for Qualification (RFQ) stage.

The Request for Proposal (RFPs) were to be submitted by February 26.

Read More: http://www.business-standard.com/article/companies/award-of-rs-49-200-cr-odisha-tamil-nadu-umpps-pushed-to-june-114031300219_1.html

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