Haryana Government took an important step on Monday, by tying up 2000 mw of power, required to meet wisth the short fall of 4000-5000 mw of power, likely to be faced by the state by 2012.
Announcing this after the meeting of the Haryana council of ministers, the chief minister, Bhupinder Singh Hooda said that finalisation of the tariff for specific power generation plants located in Orissa and Gujarat was taken through the process of transparent competitive bidding. The entire process including the Request for Qualification (RFQ) and the Request for Proposal (RFP) documents were duly approved by the Haryana Electricity Regulatory Commission (HERC), as envisaged under the Guidelines for Procurement of Power, 2005 and the National Tariff Policy, 2006 of the Government of India.
The chief minister also informed that the levelised tariff for the lowest bidders is comparable to the best rates contracted by the other states in India. He announced that the Thermal Plants being established at Dhenkanal (Orissa), Kamalanga (Orissa) and Mundra (Gujarat) by Lanco, GMR (through PTC) and Adani would supply power to Haryana for a period of 25 years beginning from 2012 at a levelised tariff ranging from Rs.2.355 to Rs.2.940 per unit. He added that the process could offer 113 MW of additional power as well, subject to the approval of HERC. He further added that the availability of power from some of these sources will commence by 40th month and the remaining by the 54th month from the date of issue of Letter of Intent (LoI) by Haryana Power Generation Corporation Ltd (HPGCL).HPGCL, on behalf of Uttar Haryana Bijli Vitran Nigam Ltd. (UHBVNL) and Dakshin Haryana Bijli Vitran Nigam Ltd. (DHBVNL), had invited bids on May 30, 2006following government of India’s guidelines.
In the first phase, qusalification bids were to be submitted and in the second phase, qualified bidders had to submit their financial bids. The power developers were selected on the basis of levelised tariff worked out for 25 years period taking 11.10% discounting rate notified by the Central Electricity Regulatory Commission.