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| The other bidders for the 3,300-mw projects included Jindal Steel and Power (JSPL) and CESC.
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| The Uttar Pradesh power regulator last month ordered fresh bids for the projects after the previous lowest bid of Hyderabad-based Lanco to set up the two power plants in Bara and Karchchna in Allahabad was rejected by the state government for being on the higher side. In the revised, Lanco bid Rs 2.651 and Rs 2.609 for the Bara and Karchchna projects, respectively , a whisker more than Reliance's offer.
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| NTPC and JSPL bid Rs 3.205 and Rs 3.348 for Bara project respectively. At Karchchna, CESC and JSPL bid Rs 3.129 and Rs 3.276 respectively.
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| JSW, which had earlier bid for Karchchna, did not participate in the re-bidding, in which only previous bidders had qualified. The state power regulator had approved the re-bidding process on May 29. In the previous bidding, Lanco had quoted Rs 2.88 for Bara and Rs 2.83 for Karchhana.
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| Now the matter would be put before the evaluation committee and the energy task force for the final decision.
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| The proposed Bara project based on super-critical technology was bid by Reliance, NTPC, Lanco and JSPL, while Karchchna was bid by Lanco, Reliance, JSPL and CESC.
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| The proposed power plants are not located at the coal pit head and the black mineral would be ferried from Singrauli situated at a distance of about 600 km.
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| Earlier, Uttar Pradesh Power Corporation (UPPCL) Managing Director Avnish Awasthi had said the reduction of even a rupee would amount to substantial savings to the state government. "Therefore, we felt that in the larger interest of the power consumers, revised financial bids should be invited."
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| The UPPCL will acquire about 2,100 acres of barren tract in Bara and 990 acres in Karchchana for the power projects. In an earlier bidding, Lanco had pipped Reliance and was awarded the mega Anpara C project in Sonebhadra district, in which Essar had also evinced interest.
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| The state government is trying to ramp up the total generation capacity by 10,000 mw in the current 11th Five-Year Plan in collaboration with NTPC, Bharat Heavy Electrical (BHEL) and the private sector players. |
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