Power Finance Corporation, a nodal agency for the development of 4,000 MW Krishnapatnam Ultra Mega Power project in Andhra Pradesh, has deferred the date of submission of request for proposal (RfP) to 25 May 2007.  PFC has not disclosed any reason for the delay.  

PFC was to accept RFP for the same on 11 April 2007. This is the second postponement after 9 March 2007 . The 11 bidders who qualified for the project include Tata Power Co, Reliance Energy,  NTPC, Essar, Sterlite, L&T, Torrent, AES, DS Construction and Sumitomo. 

The Lanco Infratech-Globeleq Singapore-  disqualified for alleged misrepresentation in the Sasan UMPP, had filed a request for qualification (RFQ) for the Krishnapatnam project has officially withdrawn. Moreover, YTL Berhard, Malaysia also withdrew after filing its RFQ for the same project.

Also See:
Lanco withdraws bid from Krishnapatnam UMPP (29-Mar-07)

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