Tata, Rel, L

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New Delhi, Nov 12: Reliance Energy, Tata Power and L&T are among the 13 companies in the reckoning for the 4,000 MW Tilaiya ultra mega power project in Jharkhand.

Request for Qualifications (RFQs) has been received by Power Finance Corporation(PFC), the nodal agency for the bidding for UMPP projects.

Sterlite, Lanco Infratech and state-run NTPC have also submitted their bids.

The coal-fired project is at a pithead location in Jharkhand and would involve an estimated investment of more than Rs 16,000 crore.

Anil Dhirubhai Ambani Group's Reliance Power had last week bagged the imported coal-based 4,000 MW Krishnapatnam Ultra Mega Power Project (UMPP) in Andhra Pradesh, bidding lowest at Rs 2.33 per unit.

Reliance Power outbid engineering major Larsen and Toubro (L&T) at Rs 2.69 per unit and Sterlite Industries which had quoted Rs 4.19 per unit.

This is the company's second UMPP under its hat after clinching the Sasan Ultra Mega Power Project at Chhattisgarh.

To meet the electricity demands, the Government has proposed the setting up ten UMPPs of 4,000 MW each which would be built through a special purpose vehicle or a shell company.


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