MoP pilot power procurement scheme receives bids from 8 companies

Eight companies have submitted bids for MoP’s pilot scheme for the procurement of 2,500 MW of power. Bids were received for 2,200 MW of power against the 2,500 MW offered by the government. Sembcorp Energy India Limited, Jaiprakash Associates Limited, IL&FS Engineering and Construction Company Limited and RKM Powergen Private Limited are among the eight companies that have submitted bids. Reportedly, projects of companies, including GMR Energy Limited, Coastal Energen Private Limited and LancoInfratech Limited, which do not have assured coal supplies or are pending in the insolvency court, could not participate in the bidding process for MoP’s pilot scheme.

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