Reliance Energy (REL) has emerged the
sole bidder for Damodar Valley Corporation's 1,200 MW (2x600 MW) thermal power
plant Stage-I, at Raghunathpur in West Bengal.
REL, in collaboration with Shanghai
Electric Company, quoted around Rs.4,800 crore for the EPC contract. Two Chinese
companies including Dongfeng also qualified for the price bid, but did not place
an offer. Bharat Heavy Electricals, the other contender did not qualify as it
lacks experience in setting up 600 MW units.
Also See:
Stone laid for
DVC's two thermal power projects (20-Jun-07)
Related Links:
Project profile