List of bidders includes NTPC Ltd, Tata Power, NHPC, Adani Power, JSW Energy and Jindal Power, among others
Power Finance Corporation (PFC), the power ministry’s arm managing the bidding for ultra mega power projects (UMPPs), on Monday said it had shortlisted all the 17 initial bidders for two such projects of 4,000-Megawatt each, to come up in Odisha and Tamil Nadu.
“Based on evaluation, all the nine applicants for the Odisha UMPP and eight applicants for the Cheyyur UMPP which have applied for requests for qualification (RFQs) have been shortlisted for issuance of requests for proposal,” PFC said.
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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.