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Odisha, Tamil Nadu UMPPs attract bids from 12 companies

As many as 12 companies, including Tata Power, Adani Power, Vedanta and state-run NTPC, are in the fray for two proposed ultra mega power projects in Odisha and Tamil Nadu.
 
Five companies have shown interest in the Odisha UMPP and seven utilities have lined up for the Cheyyur UMPP in Tamil Nadu, according to sources who did not provide a break-up of the bids.
 
UMPPs are large power projects that use domestic or imported coal. Each has a capacity of about 4,000 MW and requires an estimated investment of Rs 20,000 crore.
 
Other bidders include Jindal Steel & Power and a consortium of NHPC, BHEL and Singareni Collieries Company, the sources said.
 
The last date for submission of bids is November 25 for the Odisha project and November 28 for the Cheyyur plant……….Read more: http://www.business-standard.com/article/companies/odisha-tamil-nadu-umpps-attract-bids-from-12-companies-113112500489_1.html