AK RAMDAS | 16/10/2014 03:03 PM |
Odisha, Cheyyur, UMPPs, domestic manufacturers, NTPC, tariff, power supply, power generation.
Prequalified bidders, practically all of them, withdrew and left the field open for only NTPC to secure these contracts for setting up ultra-mega power plants in Odisha and Tamil Nadu
From the press reports, it is now certain that the two 2×4,000 MW ultra-mega power plants (UMPPs), to be located in Odisha and Tamil Nadu, will now be further delayed, simply because the prequalified bidders, practically all of them, withdrew and left the field open for only NTPC to secure these contracts.
It may be recalled that apart from NTPC, others in the race, which were prequalified, for the Odisha UMPP were NHPC, Tatas, Adani, JSW Energy, Jindal Power, Sterlite, CLP and Larsen & Toubro.
For the Cheyyur project, also 4,000 MW, in addition to NTPC, others who were prequalified, included Adani, CLP, GMR, Jindal, JSW Energy, Sterlite and Larsen & Toubro (L&T).
Read full article here: http://www.moneylife.in/article/odisha-and-cheyyur-umpps-in-trouble/39156.html