October 12, 2008

PFC invites bids for Tilaiya UMPP in Jharkhand

The nodal agency for ultra mega power plants Power Finance Corporation has invited preliminary bids from prospective developers for setting up a 4,000 MW project at Tilaiya in Jharkhand.

PFC's wholly owned subsidiary Jharkhand Integrated Power Limited invited proposals for establishing the project on build, own and operate basis. The bidding will be a two stage process
1. Request for Qualification
2. Request for Proposal.
Bidders can procure request for qualification documents till November 5th 2007 and submit these preliminary bidding papers by November 12th 2007.

Coal for the project will be sourced from allocated mines at North Karanpura coalfields. The power plant and development of mine entails an investment of an estimated INR 20,000 crore.