The Odisha government has urged the Centre's Power ministry to initiate swift action on revised bidding for the 4,000 Mw Bhedabahal ultra mega power project (UMPP). Bids for some of the UMPPs, including the ones in Odisha and Tamil Nadu were delayed as approval for revised standard bidding documents is pending.
The UMPP proposed to generate 4,000 Mw power is estimated to cost Rs 30,000 crore. The huge coal-fired project is structured to be developed through two special purpose vehicles (SPVs) — Odisha Integrated Power Ltd (OIPL) and Odisha Infra Power Ltd, both being subsidiaries of Power Finance Corporation (PFC),