Final bids for Odisha power project likely next month
Final bids for the Rs 20,000 crore Ultra Mega Power Project at Odisha may be invited in April as the Power Ministry is likely to soon finalise amendments in the bidding documents for this plant.
The amendments are required to proceed to the next round of bidding.
Power Finance Corporation is likely to start the second (and the final) round of bidding for the 4,000 MW Bedabahal UMPP in Odisha in the second week of April, sources said.
Meanwhile, officials in the Power Ministry said the comments for carrying out amendments to the standard bidding documents (SBDs) of the UMPPs have been received by the stakeholders and the government is the final stages of framing the new documents.
“We had invited comments from potential developers and other government bodies for tweaking the SBDs and we have received the comments and are finalising the changes. In a month, we would be able to take them to the Empowered Group Minister’s for their approval,” a Power Ministry official told PTI.
After this, the RFP or Request for Proposal for the Odisha UMPP can be floated.
As many as 20 companies including Tata Power, Essar, Adani Group have qualified in the first round of bidding for the Odisha UMPP.
The RFQ or the Request for Qualification for this UMPP opened in July.
L&T, JSW Energy, Nalco, Welspun Energy, AES India, Torrent Power, Jindal Power, GVK Energy Ventures, Lanco Hydro Power Ventures, GMR Energy, Senator Energy, Jaiprakash Power Ventures, Gujarat Paguthan Energy Corporation, CESC, Jindal Power, Sterlite Energy, and Aditya Birla Power Venture also submitted their bids and cleared the first round.
This would be the fifth UMPP to be awarded by PFC, the nodal agency for such projects.
PFC has already awarded four UMPPs – Sasan (Madhya Pradesh), Krishnapatnam (Andhra Pradesh) and Tilaiya (Jharkhand) to Reliance Power and Mundra (Gujarat) to Tata Power.
The Ministry of Power plans to set up 16 UMPPs over a period of time to overcome electricity shortages in the country.