Reliance Power bags 4000 MW Tilaya project

2009 January 28
by admin

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Reliance Power bags 4000 MW Tilaya project, emerged as lowest bidder with bid at Rs 1.77/unit suggests reports.

Anil Ambani Group firm Reliance Power on Thursday bagged its third 4,000 MW Ultra Mega Power Project, at Tilaiya, in Jharkhand reports Business Line.

The Reliance bid for the project was Rs 1.77 per unit. Five companies including NTPC, Reliance Power, Lanco Infratech, Jindal Power and Sterlite Energy, of the 11 pre-qualified bidders, were in the fray for the project.The financial bids for the project were opened on Wednesday. A high-level committee, which includes state representatives from Bihar and Jharkhand, selected the developer. The financial and technical bids for the coal-based thermal power project were invited on December 29 and the final financial bids were to be opened within 15 days.

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