December 02, 2008

Krishnapatnam UMPP bidding likely to get delayed

ET reported that the bidding round for the 4,000MW Krishnapatnam ultra mega power project in Andhra Pradesh, scheduled to kick off on August 24th 2007, will have to wait a while as it can start only after the inter ministerial committee, formed to look into certain components of request for qualification and request for proposal, submits its report to the empowered group of ministers.

The inter ministerial committee formed in the aftermath of the Sasan controversy, is evaluating certain norms for components of ultra mega power project request for proposal and is likely to submit its approval in 2 weeks from now.

The report cited an official from the ministry of power as saying that “The inter ministerial committee is examining certain clauses of ultra power project request for proposal norms and till the panel submits its report, request for proposal of the Krishnapatnam project will have to be postponed.” He added that that request for proposal will happen only by the second week of September 2007 and price bids could be invited by end of September 2007.