December 03, 2008

Price bids for Tilaiya UMPP likely by May 2008

It is reported that Price bids for the 4,000 MW Tilaiya ultra mega power project in Jharkhand are likely to be invited by the end of May 2008. This would be the 4th UMPP in the series of 9 that are planned to be set up.

Power Finance Corporation, the nodal agency for implementing these projects, is in the final stages of completing the evaluation of the requests for qualification received for the Tilaiya project in November 2007.

Mr Satnam Singh chairman of Jharkhand Integrated Power Limited said that "The evaluation of bids has reached the final stage of completion. The official announcement of successful bidders will be made soon."