News Brief | October 2013
PFC signs MoU with states for bidding two UMPPs
Power Finance Corp has kick started the process of bidding two ultra mega power projects (UMPPs) by signing an agreement with states authorizing company to issue bid documents as approved by the government last week. The procuring states for the two UMPPs at Bedhabahal and Cheyyur are Odisha, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand, Chhattisgarh, Haryana, Madhya Pradesh, Maharashtra, Tamil Nadu, Karnataka, Andhra Pradesh and Kerala. The request for qualification for the two UMPPs have been finalised and are likely to be issued soon.