REL, L&T, Torrent bid for hydel power plants in HP

Reliance Energy, L&T, Torrent Power and the Jaiprakash group are among the companies that have bid for setting up hydro power plants in Himachal Pradesh.

"We have received 42 offers so far for various projects. Reliance, Torrent, Jaypee and L&T have submitted their offers," R L Chauhan, member (civil) of HPSEB, said.

The state electricity board of Himachal had, this October, invited bids from private companies to set up hydro power plants on build, own, operate and transfer (BOOT) basis. The tender was for 15 projects with a total capacity of 1,767 MW.

Bids can be submitted till January 21, 2006, and the state government would allot the projects by the end of March 2006, Chauhan added.