Anil Ambani-controlled Reliance Power has emerged as the lowest bidder to build two power projects in the Allahabad district of Uttar Pradesh, pipping Lanco Infratech, National Thermal Power Corporation and two other bidders.
Reliance Power agreed to supply power at Rs 2.64 a unit for the 1,980-mw project in Bara and Rs 2.60 a unit for the 1,320-mw project in Karchchna.
The other bidders for the 3,300-mw projects included Lanco Infratech, National Thermal Power Corporation, Jindal Steel and Power and CESC.
The Uttar Pradesh power regulator last month ordered fresh bids for the projects after the previous lowest bid of Lanco was rejected for being on the higher side.
Now the matter would be put before the evaluation committee and the energy task force for the final decision.
This should be good news not only for reliance power but also for reliance energy which is likely to get good business through these projects.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment