Rel Power, L&T qualifies for Talwandi Sabo power project

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Chandigarh, January 19:: Reliance Power, Jindal Steel & Power and L&T are among nine companies that have qualified for 2000-MW Talwandi Sabo coal-based thermal power plant at Mansa in Punjab.

Punjab State Electricity Board (PSEB) has issued request for proposal to qualified firms for the project.

LoIs would be issued by June end, said Anurag Aggarwal, chairman and managing director of Talwandi Sabo Power Ltd, a special purpose vehicle launched by PSEB.

Other companies that have qualified for the project are Sterlite Energy Ltd; Torrent Power Ltd; a consortium of Lanco Infratech, Aban Offshore and OPG Energy Pvt Ltd; Devona Thermal Power & Infrastructure Ltd, Essar Power Ltd, and Gujarat Paguthan Energy Corp, said a senior official in PSEB.

The project had got initial bids from 10 companies.

According to PSEB, an attractive incentive component would be offered to encourage the developer for early completion of the project. The first unit of the plant is expected to come up in December 2011, the official said.

He said about 2,100 acres of land has been acquired for the project, and would be handed over to the developer by mid February.

The Ministry of Environment and Forests has approved the terms of reference, and environmental studies have been completed. The final proposal for environmental clearance would be submitted after Punjab Pollution Control Board (PPCB) holds public hearing in the last week of January.