Private companies to bid for Rs 4,000 crore transmission projects next week
L&T, Sterlite Grid and Essel, among others are likely to submit financial bids for four power transmission projects worth Rs 4,000 crore next week.
“The financial bids or request for proposal (RFP) will be submitted for the four power transmission projects worth Rs 4,058 crore which are part of the government’s plan to auction transmission projects worth Rs 1 lakh crore through competitive bidding process,” a source said.
The bids are expected for the projects, Sipat, Chhattisgarh (A), Chhattisgarh (B) and Maheswaram.
The Sipat power transmission project is worth Rs 863 crore for which the technically qualified bidder are PGCIL, L&T, Essel, Sterlite Grid (SGL), Jindal Power (JPL), Adani Power, Isolux, Kalpataru Power Transmission Limited (KPTL). These players will submit bids on June 30.