APTLs premium bid to win project in Rajasthan
In a first-of-its-kind move, Adani Power Transmission Ltd. (APTL) quoted a premium amont to grab the Suratgarh-Bikaner Intrastrate Transmission Line project in Rajasthan. APTL bid 20 per cent lower than Rajasthan Rajya Vidyut Prasaran Nigam´s (RRVPN), prescribed unitary charge, and would pay the difference as premium to the RRVPN. This is the first ever case of premium bidding in power transmission projects, Generally, companies quote a higher amount than the unitary charge, the difference of which is paid by the state government as viability gap funding.
Contact: Adani Power
Tel: +91 79 2555 7555