Six companies including Power Grid (PGCIL), Sterlite and Adani have qualified on technical grounds for submitting financial bids for Vemagiri II power transmission project worth around INR 6,300 crore. Besides, PGCIL, Sterlite Grid, Adani, Kalpataru and Essel Infra Projects have qualified on technical ground to submit financial bids for Alipurduar power transmission project estimated at around INR 1,800 crore.
The financial bids for the two projects will be opened on 16 October, 2015. The cumulative worth of these two projects would be highest on offer after the government decided to auction transmission projects worth INR one lakh crore during this fiscal.
REC Transmission Projects Co Ltd (RECTPL) is conducting the auction these two transmission project. PGCIL, Sterlite Grid, Adani, Inabensa Bharat, Kalpataru Power Transmission, Consortium of Megha Engineering & Gayatri Projects have qualified for Vemagiri II project.
The Vemagiri II project will strengthen transmission system beyond Vemagiri and will be called Vemagiri II Transmission Ltd. It will traverse through Andhra Pradesh and Karnataka.
The Alipurduar project will strengthen transmission system in India for Transfer of Power from new hydro electric projects in Bhutan. It will traverse through Bihar and West Bengal.
Source : Energy Sector, 9th October 2015
URL : http://www.energysector.in/power-news/six-companies-technically-qualify-for-vemagiri-ii-power-transmission-project