GMR, Reliance Energy, Tata Power, L&T, Lanco Power, China Light & Power-Gammon, Reliance Energy Transmisssion Ltd, and two Spanish companies are among nine parties to have thrown their hat in the ring for putting up the first fully independent private power transmission lines in Gujarat and Maharashtra at an estimated investment of Rs 1,900 crore.
Projects involve laying transmission lines in Gujarat and Maharashtra.
NEW DELHI: GMR, Reliance Energy, Tata Power, Larsen & Toubro, Lanco Power, China Light & Power-Gammon, Reliance Energy Transmisssion Ltd, and two Spanish companies are among nine parties to have thrown their hat in the ring for putting up the first fully independent private power transmission lines in Gujarat and Maharashtra at an estimated investment of Rs 1,900 crore.
The bidding for the project closed on Monday. Power Grid Corporation of India (PGCIL) is the nodal agency for award of contract for the project. PowerGrid chairman R P Singh said contracts would be awarded by November-end.
The companies would be shortlisted within a week after which the techno economic feasibility of the bids would be evaluated over three to four weeks.
Price bids, based on tariff quotations have been submitted and would be evaluated over the next two weeks.
The companies have evinced interest to execute two projects that are part of the Rs 4,700-crore western grid scheme. Involving construction of 800 circuit kms of 765 kv lines, 6,300 ckm of 400 kv lines, augmentation of 17 existing sub-stations, and setting up of four new sub-stations, the scheme would benefit Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh besides union territories of Daman & Diu, and Dadra & Nagar Haveli.
While one project is for building sub-stations and grid lines in southern Maharashtra, the other will be set up in Gujarat.
A total of 28 bid documents were purchased and 12 firms took part in a pre-bid conference for each of these projects. Reliance Energy had last year sought a licence from the Central Electricity Regulatory Commission to set up the transmission lines on its own.
The regulator had in July 2005 turned down the company’s petition and divided the package into four parts. It directed PGCIL to construct itself or in partnership with private companies 765 kv and 400 kv high-voltage transmission lines. The remaining two parts were to be awarded for 100% private participation.
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