China Light pips Lanco in bid for Haryana project

Hong Kong-based China Light and Power Holdings has emerged the lowest bidder for setting up the 1,326 mw power generation project at Jhajjar in Haryana, an industry official said.

"CLP had quoted a price less than Rs 3 a unit, while Lanco Infratech emerged the second lowest bidder at Rs 3.04 a unit," the official told NewsWire18. The third bidder was Torrent Power.

Haryana Power Generation Corp is setting up the Rs 7,000 crore power plant.

Coal India will supply coal for this power plant through its subsidiaries Central Coalfields and Mahanadi Coalfields. The project is likely to be awarded to CLP next month and is likely to be commissioned by 2011-12 (April-March).