New Delhi, Nov. 15
STATE-owned Power Grid Corporation of India Ltd (PGCIL) is planning to invite bids from private sector companies for executing power transmission projects worth Rs 2,500 crore in the Western region before November-end.
The projects were a subject of dispute between PGCIL and Reliance Energy Ltd, with the latter approaching the Central Electricity Regulatory Commission (CERC) to seek a licence to set up the transmission lines on its own. CERC had, subsequently, turned down Reliance Energy's petition. "We are all set to invite bids from private sector players for the western region projects. Bids are likely to be invited in a week," the official said. This will be the first time the company will invite bids for the execution of transmission projects. PGCIL will invite single stage bids for projects covering a transmission network in Gujarat and Maharashtra through the 100 per cent private participation route. The projects are scheduled for completion by 2009. Only firms having experience in the infrastructure sector will be allowed to participate in the bidding process, PGCIL officials said. As per the CERC order, Reliance will be allowed to participate in this process.
The transmission projects in Gujarat and south Maharashtra form part of a larger scheme that also includes beefing up transmission infrastructure in Madhya Pradesh. PGCIL will execute the remaining stages of the project, including the Madhya Pradesh projects on its own.