Power Finance Corporation has
postponed opening the price bids tentatively to 18 December 2006 for the 4,000
MW each Sasan
and Mundra
ultra mega power projects to be set up in Madhya Pradesh and Gujarat.
PFC was scheduled to open the price
bids for these projects on 11 December 2006, but could not due to the absence of
Punjab National Bank Chairman Mr.S C Gupta, who heads the apex committee that is
evaluating the bids. The deadline for awarding the projects has remained
unchanged that is by 29 December 2006.
An apex committee comprising Gupta,
PFC Chairman V K Garg, Central Electricity Authority Chairman Rakesh Nath and
state government representatives will scrutinise the bids.
Also See:
Escrow
account for Gujarat UMPP signed (01-Dec-06)
ultramega5