Published On:March 18 2011
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Reliance Power bags 5 hydel projects in Himachal Pradesh
Shimla: Corporate giants like Reliance Power and Tata Power-SN Power joint venture have been allotted hydropower projects in Himachal Pradesh.
However, other companies like Larsen and Toubro (L&T), Essar Power, Moser Baer and GVK Energy did not get any project.
Reliance Power has got five out of the 18 projects for which global bids were invited by the state.
Reliance Power was allotted the 300 MW Purthi, 94 MW Teling and 44 MW Shangling, all in Lahaul and Spiti district, 130 MW Sumte Kothang and 104 MW Lara Sumta projects in Kinnaur district.
Tata Power-SN Power was allotted the 236 MW Dugar project.
The other companies that got hydropower projects in the state are Capital Consortium, BMD, ABG Shipyard , AMR Mitra Joint Venture, Bell Spun Energy, Green Infrastructure and BLA Industries.
The allotted projects would generate power with an aggregate capacity of 1,325.5 MW.
Reliance Power has offered 21 percent free power for all the five projects, whereas Tata Power-SN Power offered 22.35 percent.
The free power bidding is in addition to the fixed upfront premium of Rs.2 million (Rs.20 lakh) per megawatt.