Majors including NTPC in fray to compete for power department privatisation in Chandigarh

Power sector majors including Tata Power, Adani Transmission Limited, Sterlite Power, ReNew Wind Energy, NTPC Electric Supply Company and Torrent Power are reportedly among the players which have submitted bids for privatisation of the electricity department in Chandigarh.. …

The companies have also submitted the related documents with the department and handed the earnest money deposit (EMD) of Rs 100 million to the engineering department of the union territory. Earlier, as many as 20 players had bought the RfP, but only six are left to secure the power privatisation project. The base price of the bid is Rs 1.8 billion.

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