Monday, February 20, 2012

Government mulls global bidding process for ultra-mega power project developers

To provide a level-playing field to domestic power equipment suppliers such as BHEL and L&T, the government is considering to make it mandatory for ultra-mega power project (UMPP) developers to obtain equipment through global bidding process.

At present, state-owned power utility NTPC obtains equipment through the global bidding process, while the UMPPs follow the bilateral negotiations route.

"The Ministry of Power has to work out a scheme to give same treatment as that of NTPC to the UMPPs," sources told reporters.

The ministry is preparing a Cabinet note on the subject, they added.

ref:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/government-mulls-global-bidding-process-for-ultra-mega-power-project-developers/articleshow/11966774.cms

No comments: