 "EGoM to meet July 25 to finalise fresh bidding norms for UMPPs")
"The Empowered Group of Ministers will meet on July 25 for finalising the new standard bidding documents for UMPPs," a power ministry official said. The meeting will be presided over by Antony.
UMPPs are coal-based generation projects with an average capacity of 4,000 MW.
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The decision will speed up the process of inviting bids for proposed UMPPs in Chhattisgarh (Sarguja), Odisha (Bedabahal) and Tamil Nadu (Cheyyur). The bidding process is being revised to mitigate the risk for power producers from escalation of coal prices.
The government has so far allotted four UMPPs. The first at Mundra in Gujarat was awarded to Tata Power, which said in March it had commissioned the plant.
Reliance Power bagged the others Sasan (Madhya Pradesh), Krishnapatnam (Andhra Pradesh) and Tilaiya (Jharkhand).