Reliance Power to get contract for Krishapatnam Project

Anil Ambani-led Reliance Power, which emerged as the lowest bidder for the 4,000 MW ultra mega power project at Krishnapatnam, will be awarded the contract tomorrow, Power Secretary Anil Razdan on Thursday said. Reliance Power has won the contract the Krishnapatnam UMPP with a winning bid of for Rs 2.33 per unit, Razdan said here. Meanwhile, Tilaiya UMPP has received 13 bids, he said without disclosing the names of the bidders. While the govt has identified sites for nine UMPPs, out of which three have already been bid out, Tamil Nadu has identified two more sites for imported coal-based UMPP and Orissa has identified two sites for pit-head projects.
Source : The Hindu
29th November, 2007