Power Finance Corporation has finalized the submission of price bids for the 4,000 MW Tilaiya ultra mega power project in Hazaribagh district of Jharkhand on November 4th 2008, after which short listing of the successful bidder will take place.

PFC had earlier short listed 11 of the 13 companies who had sought qualification. These are Reliance Power, TATA Power, NTPC, Torrent Power, Essar Power, Sterlite, Lanco, JSPL, GVK Power, L&T and AES. The two companies who have not qualified to bid are Citra Thermal Power and Dian Wijaya.

Of the 11 short listed companies, 7 have already bought the request for proposal documents.