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Centre to invite bids for Ultra Mega Power Projects
Sandeep Joshi
NEW DELHI: The Centre has decided to invite qualifying bids for three Ultra Mega Power Projects (UMPPs) by early 2010.
“The RFQs [requests for qualifications] for the three UMPPs in Tamil Nadu, Orissa and Chhattisgarh will be invited by the end of this financial year, after resolving the pending issues,” said chairman and managing director of Power Finance Corporation (PFC) Satnam Singh.
Mr. Singh, who was talking to journalists at the Power Ministers’ Conference here, said there were land-related issues in these States that would be resolved soon.
The PFC is the nodal agency for the UMPP project, each having a generation capacity of 4,000 MW that entails an investment of around Rs.16,000 crore.
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