Finally, Cheyyur, Odisha Ultra Power Projects Get Bidders

After a gap of nearly two-and-a- half years, Power Finance Corporation, (PFC) on Friday received as many as eight request for proposal (RFQ) for the 4000 MW Cheyyur ultra mega power plant to come up in Tamil Nadu. About a week ago the PFC also received nine RFQs for another 4000 MW planned at Bedabahal which is expected to come up at Sundergarh district in Odisha.

Together both UMPPs will fetch investments to the tune of `50,000 crore, thus bringing in the much-needed funds for the power sector.

The firms that have sent their request for for the Cheyyur UMPP include PSU, NTPC, infrastructure major GMR, Sterlite Energy Ltd, the energy arm of Vedanta Resources Plc, China Light and Power along with its Indian partner, JSW,  Jindal Steel and Power, Adani Power and Tata.

Read more here: http://www.newindianexpress.com/business/news/Finally-Cheyyur-Odisha-Ultra-Power-Projects-Get-Bidders/2014/05/10/article2215708.ece

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