Punjab Cabinet on 07-11-2008 gave its approval for setting up a 1200 MW Power Thermal Plant at Rajpura. Work on the prestigious project is likely to be inaugurated on December 8. A decision to this effect was taken at a meeting of the state council of ministers here this evening. The meeting was chaired by Punjab Chief Minister Parkash Singh Badal.
Giving details of the decision taken at today's meeting, Chief Minister's Media Advisor Harcharan Bains said that the Coal based Thermal Power Project would be now set up at Rajpura over an area 1078.16 acres on Built Own Operate (BOO) basis It may be recalled that the construction work on Talwandi Sabo Power Project and Goindwal Sahib Thermal Plant with an installed capacity of 1980 MW and 540 MW respectively was in full swing and both these projects would be operational by December 2011.
Hyderabad-based Lanco Infratech Ltd has emerged as the sole bidder for the Punjab government’s ambitious 1200-Mw thermal plant at Rajpura. Though seven companies had purchased the request-for-proposal (RFP) document only Lanco has submitted the bid.
Earlier, 13 companies companies including heavyweights like Reliance Power, Tata Power, L&T and Essar had submitted their request-for-qualification (RFQ) bids in May this year. Of these, 10 players were declared qualified.
The power project will be coal-based and is likely to attract an investment of Rs 6,000 crore, according to the state electricity department. The company (Nabha Power Ltd) will undertake preliminary studies and obtain necessary clearances and tie-ups regarding coal, water, land acquistion process, power selling arrangements with PSEB, the sole procurer from these projects, before awarding the project to successful bidders by way of selection of developers through tariff-based competitive bidding.