Home ECONOMY Odisha, TN UMPPs attract bids from 12 companies

Odisha, TN UMPPs attract bids from 12 companies

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OST Bureau

New Delhi, Nov 26:

The two proposed ultra mega power projects (UMPPs) in Odisha and Tamil Nadu have attracted bids from as many as 12 companies including Tata Power, Adani Power, Vedanta and state-run NTPC, official sources said.

umpp

While five companies have expressed their interest in the proposed Bhedabahal UMPP in Odisha, seven have lined up for the Cheyyur UMPP in Tamil Nadu, said sources.

UMPPs are large power projects having a capacity of about 4,000 MW and require 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.

While the submission of bids for the Bhedabahal project in Odisha closed on Monday,  November 28 is last date for submitting bids for the Cheyyur plant.

The initial bids for the two UMPPs will be opened later this week and only the qualifying companies will be asked to submit price bids.