Amid concerns expressed by short-listed bidders over the ongoing financial crisis, the bids for the 4,000-Mw Tilaiya Ultra Mega Power Project in Jharkhand will be opened on December 29. "The bidding will take place as announced," said Power Secretary Anil Razdan.
The government on Wednesday said the public offer for sale of shares in state-run power firms NTPC and NHPC will come as and when market conditions are appropriate.
With the country facing a massive electricity shortage, government asked the states on Tuesday to pull out all stops to setting up captive power plants -- surplus from which could be diverted for public consumption.
Prime Minister Manmohan Singh will lay the foundation stone for the 3,000 MW multipurpose Dibang power project, the largest in the country.
The big boys in the business of power generation and distribution may soon lose their monopoly as small and medium entrepreneurs are keen to foray into this stream.
The Dabhol plant in Maharashtra, run by Ratnagiri Gas and Power Pvt Ltd and which was running at a capacity of 1,100-1,200 MW, is now generating 900 MW. The capacity was to be scaled up to 1,880 MW.
The current year will see record addition to the country's power generation capacity.
If we want self-sufficiency in power supply, then this is the amount of generation capacity that we will need. Our objective is to be shortage-free in 11th plan (2007-2012).