'No restriction on companies for bidding UMPP'
New
Delhi,
Nov
29:
The
government
today
said
it
has
no
plans
of
putting
a
cap
on
the
number
of
ultra
mega
power
projects
(UMPP)
that
a
company
can
operate.
Reacting to media reports that the government may restrict a single company to bid for a maximum of two UMPPs, Power Secretary Anil Razdan told reporters that '' the government has no such plans or intentions at the moment.'' While Reliance has won two UMPPs, Tata has bagged one project. Reliance Power has also bid for Tilaiya UMPP.
The government has so far completed bids for two UMPPs at Sasan and Mundra. It has finalised the bidder for Krishnapatnam, likely to be Reliance Power, and has invited requests-for-proposal for the Tilaiya project.
Five to six more UMPPs are expected to be bid out during the 11th Plan (2007-2012).
UNI