Reliance, Tata eyeing hydro projects in Himachal
January 25th, 2011 - 3:17 pm ICT by IANSShimla, Jan 25 (IANS) Corporate giants like Reliance Power, Tata Power-SN Power joint venture, Larsen and Toubro (L&T), Essar Power, ABG Shipyard and GMR Infrastructure have shown keen interest in hydropower projects in Himachal Pradesh, official sources said here Tuesday.Reliance Power alone has evinced interest in most of the hydro projects located mainly in Lahaul and Spiti and Kinnaur districts, said the sources.
“Till date, 63 bids have been received for the 18 projects for which global tenders were floated last year. Reliance Power has bid for 10 mega projects,” the sources told IANS.
However, Reliance Power is the only bidder for the 60 MW Patam project, to be constructed in the Miyar Valley in Lahaul and Spiti district.
The other mega projects included 236 MW Dugar, 300 MW Purthi, 130 MW Rasil, 104 MW Tandi, 94 MW Teling, and 81 MW Tinget projects.
GVK Power, Reliance Power, L&T and Tata Power-SN Power are in the race for getting Dugar and Purthi projects.
Reliance Power has also bid for 130 MW Rasil, 94 MW Teling, 81 MW Tinget, 60 MW Patam and 44 MW Shangling, all in Lahaul and Spiti, and 130 MW Sumte Kothang and 104 MW Lara Sumta, both in Kinnaur.
A senior engineer associated with the project allocation process said the projects that have the aggregate generation capacity of 1385.5 MW would be allotted in one or two months.
However, no foreign company had bid for the projects.
Under the state’s amended power policy, the bidder who offers more free power to the state in addition to the fixed quota are allotted projects. However, during the previous Congress government, the projects were allotted on the basis of highest upfront premium.
The fixed quota is 12 percent free power for the first 12 years, 18 percent up to 30 years, and 30 percent up to 40 years. After 40 years, the project will be handed over to the government.
The free power bidding is in addition to the fixed upfront premium of Rs.2 million (Rs.20 lakh) per megawatt.
Himachal Pradesh has abundant water resources with a power potential of about 23,000 MW. About 6,480 MW have been harnessed till now by the central and state governments, private players and joint venture companies.
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- Reliance Power leads hydel projects in Himachal Pradesh: Dhumal - Dec 22, 2011
- Himachal to invite bids for 18 hydropower projects - Jul 19, 2010
- L&T gets hydropower project in Himachal - Jan 07, 2011
- Himachal cancels allotment of 14 hydropower projects - Dec 18, 2009
- 294 hydropower projects being built in Himachal Pradesh - Mar 17, 2010
- Himachal allots hydro projects to smaller players - Dec 19, 2008
- Himachal invites bids for 54 micro hydel projects - Sep 09, 2009
- ABG Shipyard gets three hydel projects in Himachal - Jul 23, 2009
- Himachal losing Rs.100-cr a year on delayed hydro project - Apr 05, 2011
- Dhumal details loss due to delay in hydropower project - Dec 08, 2010
- Himachal Pradesh approves 13 hydropower projects - Jan 18, 2009
- Protect interests of tribals, panel tells Himachal - Jul 15, 2011
- Himachal losing Rs.150 crore a year on power project - Aug 23, 2011
- Protect Chenab river from onslaught, say Himachal villagers - Jan 30, 2012
Tags: congress government, corporate giants, dugar, essar power, generation capacity, global tenders, gmr infrastructure, hydro projects, hydropower projects, kinnaur, lahaul and spiti district, larsen and toubro, project allocation, rasil, reliance power, shimla, spiti, sumte, tandi, tata power