After completing the bidding process in Nayar Valley, the Uttarakhand Infrastructure Project Company (UIPC) Pvt Ltd is now planning to invite bids for development of ten more hydel projects with a potential of 70.2 Mw in Uttarakhand.
The UIPC, a joint venture between IL&FS and the state government, has already submitted a detail plan for approval in this regard, top officials said.. An investment of Rs 550 to Rs 600 crore is expected in these projects.
Among these projects, four hydel projects are located at eastern Ram Ganga valley in Kumaon region with the potential to produce 28 Mw. Three projects are located on Saryu river in the region with a total capacity of 28.5 Mw.
While, one project of 12.5 Mw would be developed on Kosi river, two more projects are located in Dehra Dun district with a capacity of 1.2 Mw.
“We have already submitted a detail plan to the government,” the official said. The bidding process in this regard is expected to start next month.
The UIPC was recently in news after it successfully completed the bidding process of Nayar Valley hydel projects. WWI-RRE, a Delhi-based consortium, would pay an upfront premium of Rs 1.27 crore per Mw, considered to be the highest in the country, as it won the contract for building four hydel projects with a total capacity of 23.25 Mw in Nayar Valley.
The consortium is led by R R Energy (RRE) Ltd and Worlds Window Impex (WWI) Pvt Ltd, which together had bid for 17 Mw Nayar dam, 2 Mw Santudhar-I, 2 Mw Santudhar-II and 2.25 Mw Biyali Gaon — all on Nayar river which is a tributary of the river Ganga in Pauri district of the hill state.
Nine companies were selected in the final bidding process but WWI-RRE won the contract for paying the highest upfront premium. The state government will get rich by over Rs 29 crore in this regard.
An investment of Rs 200 crore is proposed in the four projects, which can together generate 98 million units.
The letter of award for the contract has already been sent to the consortium.
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