You are here: Home » Companies » News
Business Standard

RFPs for Gulbarga power project soon

Mahesh Kulkarni  |  Chennai/ Bangalore 

Power Company of Karnataka Limited (PCKL), a wholly-owned company of the government of Karnataka, will shortly issue request for proposal (RFP) documents to 22 bidders qualified for its proposed 1,320-Mw Gulbarga coal-based super-critical thermal power project. The project is proposed under the Case-2 bidding framework according to the competitive bidding guidelines. The cost of the project is estimated at Rs 7,500 crore.

PCKL is a special purpose vehicle created by the state to bridge the widening gap between demand and supply by capacity addition through the competitive bidding route. The Gulbarga project is the first to be taken up by PCKL under the competitive bid route.

In Case-2 bidding the central or the state government, which is calling for bids, will assist private developers to set up large power plants in securing land, water and mandatory clearances.

The PCKL had refloated bids for the Gulbarga project on a build, own and operate (BOO) basis twice in July 2010 and May 2012 following directions from the Karnataka Electricity Regulatory Commission.

“We have completed the technical evaluation of all bidders and are waiting for the legal department opinion. Once the legal department gives the clearance, we will issue the RFP documents to the successful bidders and complete the selection of the winner in two months from the date of offering RFP documents,” said DN Narasimha Raju, principal secretary, energy department.

Tata Power, GMR Energy Limited, Jindal Power, Shree Cement Limited, GVK Industries, Adani Power Ltd and Reliance among others are in the fray to bag the project.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, January 11 2013. 00:17 IST