Published On:September 17 2011
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Bihar invites developers for 4000 MW power projects
The Bihar government is calling for bids from private power developers for three coal-based power projects in that state with a total capacity of around 4,000 megawatts.
Each thermal power project will have a capacity of 1,320 megawatts. The projects will come at Chausa village at Buxar district, Kajra in Lakhisarai and Pirpainti in Bhagalpur. For the purpose, the Bihar State Electricity Board (BSEB) has formed a project development company: Bihar Power Infrastructure Company.
The projects, to be awarded individually, will be offered on a case-2 bid basis, and will be done by tariff-based competitive bidding. The last date for submission of bids is December 14.
In each of these projects, 1,125 megawatts of power, ie, 85 per cent of power produced will be purchased by the BSEB, while the rest can be sold to a third party. Land required for the projects — the bid documents say — has been identified and a majority of the land for each of these projects has been transferred, as per section 6 of the Land Acquisition Act.