The winning bidder will have the option of selecting technology and the size of the unit for the project. The proposed power plant will have dedicated captive coal mines at Pathuria and Gidhmuri. Power will be supplied from the Raipur Load Centre.
A CSEB release said, It has called for bids with pre-identified sites and captive coal mines. The selected bidder will develop the power plant and supply electricity to the state with portion of certain percentage as third party sale. SBI Capital Markets (SBI Caps), the investment banking subsidiary of State Bank of India , has been appointed advisor by the Chhattisgarh Government.
The project will involve one of the largest private investments in Chhattisgarh and is in keeping with the vision of transforming the State into India s power hub.
The winning bidder will have the option of selecting the technology and unit-size for the project
The structure finalised ensures energy security for the state, brings in much awaited developmental activity and creates new employment opportunities for the people of the state.
According to CSEB, the land acquisition was in advanced stages. The issues related to environmental clearance were being settled down. The mining plan was being finalised and water linkage was obtained for the project.