The final price bids for the two ultra mega power projects (UMPPs) in Odisha and Tamil Nadu would open on February 26, Union Power Minister Jyotiraditya Scindia said in New Delhi on Thursday.
All the nine applicants for the Odisha UMPP and eight applicants for the Cheyyur UMPP (Tamil Nadu), who have applied for RFQ (Request for Qualification), have been shortlisted for issuance of Request for Proposal (RFP) or the final price bids.
The UMPPs are thermal power projects having 4,000 MW of generation capacity The Power Finance Corporation is the nodal agency for the UMPPs in the country.
The Apex Evaluation Committees cleared all the technical bids in the first round. Both the committees are headed by former CAG VK Shunglu.
The NTPC, Tata Power, NHPC, Adani Power, JSW Energy, Jindal Power (an arm of Jindal Steel and Power), Sterlite Infraventures, ClP India and larsen & Toubro have submitted applications for the Odisha project.
The NTPC, Adani Power, ClP India, GMR Energy, Jindal Power, JSW Energy, l&T and Sterlite Infraventures have submitted bids for the Tamil Nadu project.
The Odisha UMPP is a coal pithead power project. Based on domestic coal to be sourced from allocated captive coal blocks, it is expected to cost around Rs25,000 crore. The Cheyyur UMPP is a coastal power project based on imported coal with an expected investment of about Rs24,200 crore.
So far, four UMPPs have been awarded, of which Sasan (Madhya Pradesh), Krishnapatnam (Andhra Pradesh) and Tilaiya (Jharkhand) have been bagged by Reliance Power. Tata Power is operating the Mundra UMPP in Gujarat.