PowerMin to finalise bidding norms after talks with developers

According to experts, this move is likely to further delay the process of awarding new ultra mega power projects (UMPPs)

The Power Ministry would finalise the new bidding norms for power projects after discussions with the developers, Power Minister Jyotiraditya Scindia said today.

The Ministry, which has constituted an advisory group in the sector which would address the concerns in the sector, will only send the documents to the EGoM after the group's feedback.

This move, however, is likely to further delay the documents in turn delaying the process of awarding new ultra mega power projects (UMPPs), according to experts.

"Before taking them (Standard Bidding Documents) to the EGoM, we will discuss it with the Advisory Group, which will meet in the next two weeks," Scindia told reporters at a press conference here.

He said there were apprehensions expressed by the Advisory Group.

"No harm in recirculating those documents and getting fresh inputs," he said.

The Minister had earlier said that the new bid documents are ready and would be sent to the EGoM.

The new SBDs would speed up the process of awarding 4,000 MW UMPP each in Odisha, Tamil Nadu and Chhatisgarh.