MUMBAI: Tata Power Company Ltd. (TPC) on Thursday announced the signing of an agreement with international players — Siemens Power Generation, Germany, and Doosan Heavy Industries and Construction Co. Ltd., Korea, — to bid for the ultra mega power projects (3,500 to 3,800 MW supercritical steam power plants in Madhya Pradesh and Gujarat).

"The EPC consortium of Siemens and Doosan Heavy Industries is a formidable one for the design and construction of power plants based on super critical technology required for such large sized units," Tata Power stated in a press release.

The Central Government has announced the implementation of several ultra mega power projects through an international competitive bidding process. Tata Power has submitted its Expression of Interest (EoI) for four ultra mega power projects, one each in Gujarat, Madhya Pradesh, Maharashtra and Karnataka. Consequently, the company has received the request for qualification documents for the Sasan project in Madhya Pradesh and the Mundra project in Gujarat. This development comes on the back of the recent announcement made by Tata Power that it proposed to augment its generation capacity by over 4,500 MW, involving investment of Rs. 18,000 crore.

"The agreement is a significant step towards our plans to bid for ultra mega projects by drawing on the expertise of strong international partners. The formation of this EPC consortium will facilitate an excellent technical solution which is also cost competitive,'' Adi Engineer, Director, Tata Power, said.

"As a world leader in power generation with a strong and long standing presence in India, we have the advantage of combining our global expertise with local strengths. This alliance will further strengthen our long association with Tata Power,'' J. Schubert, Managing Director, Siemens, said.

S. E. Hong, head of power plant business group, Doosan Heavy Industries, said, "This will surely be another challenging exposure to the Indian power market and highlights Doosan's technological expertise following Sipat stage-I project (3 x 660 MW). Doosan will bring the benefits of its long standing international experience to the ultra mega projects in India.''

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