Extension to bidders irks UPERC
UTTAR PRADESH Electricity Regulatory Commission (UPERC) has taken a serious view of the UP Rajya Vidyut Utpadan Nigam?s extension to the bid submission by the private investors, willing to set up the Anpara-C power project.india Updated: May 25, 2006 01:15 IST
UTTAR PRADESH Electricity Regulatory Commission (UPERC) has taken a serious view of the UP Rajya Vidyut Utpadan Nigam’s extension to the bid submission by the private investors, willing to set up the Anpara-C power project.
In a suo moto order issued here on Wednesday, the CommisAsion said that as a special case it was approving the extension already granted by the Utpadan Nigam without consulting it, but said that it would approve no such extension in future. “Granting extension to the private investors for submitting the bids will delay setting up the much-awaited Anpara power plant,” said the Commission in its order.
Three private companies including Reliance that had showed interest in setting up the 1000 MW Anpara-C power project were supposed to submit their bid documents to the Nigam on May 24. However, the Utpadan Nigam postponed the bid submission for next 15 days reportedly on the request of one of the investors, who pleaded that his bid documents were not ready yet.
UPERC Chairman Vijoy Kumar told the Hindustan Times, that the Commission had taken serious view of the matter. He said when the Commission had fixed the entire timeframe with regard to the setting up of the project, the Nigam had no business in granting extension to the investors that too without consulting the Commission. “They have delayed the project by 15 days,” he said, adding, “We would not grant or approve any extension in future.”
First Published: May 25, 2006 01:15 IST