6 cos attend bidders’ conference for 2k mw talwandi sabo plan
CHANDIGARH: The representatives of six out of nine shortlisted companies for 2,000 mw Talwandi Sabo Thermal Power Project on Thursday participated in the bidders' conference for Request for Proposal (RFP) that was held here. The companies which took part in the meeting were Devona Thermal Power and Infrastructure, Gujarat Paguthan Energy Corp (CLP Power India), Lanco Infratesch Consortium, Larsen and Toubro, Reliance Power and Sterlite Industries India. The representatives of Essar, Jindal Power and Torrent did not attend the meeting but a PSEB official said that these companies were very much in the fray for developing this power project. PSEB had shortlisted nine companies for placing their price bids which were to be submitted by June 18. In the meeting, senior officials of the PSEB answered the queries of companies relating to coal availability, rail connectivity and land acquisition for this project. PSEB had already launched a Special Purpose Vehicle (SPV) Talwandi Sabo Power (TSPL), a wholly-owned company of Punjab State Electricity Board for this project. This project, which is proposed to be developed at Village Banawala in Mansa district, would entail an investment of Rs. 10,000 crore. The land acquisition process for acquiring 2,113 acres has already been announced by the government while the payment of land compensation would start this week and possession of the land would be taken very soon, said an official. Power Finance Corp has sanctioned a loan of Rs.265 Crore to PSEB towards purchase of land for this project.