Standard bid document for UMPPs to be approved
The cabinet is likely to approve a standard bid document for ultra mega power projects (UMPPs) based on domestic coal by next month, which will pave the way for investments of about Rs.1.5 trillion. After the cabinet´s approval, tenders will likely be floated for five domestic coal-based UMPPs at Banka in Bihar, Tilaiya in Jharkhand, Bedabahal in Odisha, Deoghar in Jharkhand and Surguja in Chhattisgarh.
In his 2015 budget speech, finance minister Arun Jaitley said the government proposed to set up five UMPPs of 4,000 MW each in plug-and-play mode with all clearances and linkages duly in place before the projects are awarded by a transparent auction system. This should unlock investments to the extent of `1 trillion, he had said.
Contact: Ministry of Power, Govt. of India