OIPL – Bedabahal Ultra Mega Power Plant 4000 MW – Odisha - Project Profile
"OIPL – Bedabahal Ultra Mega Power Plant 4000 MW – Odisha- Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "OIPL – Bedabahal Ultra Mega Power Plant 4000 MW – Odisha- Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
The Odisha Integrated Power Ltd (OIPL), a Special Purpose Vehicle (SPV) floated by the Power Finance Corporation, is planning to undertake the development of the Ultra Mega Power Project in Odisha, India.
The project involves the construction of a 4,000MW coal-based power plant. It includes the construction of powerhouse and substation, the laying of transmission lines and the installation of turbines.
The project will be developed in two phases.
In 2009, the expression of interests were invited from the companies, however the process was delayed for seven times due to environmental hurdles.
In August 2011, Request for Qualification (RFQ) for the design, build, finance, operate and transfer (DBFOT) basis contract was issued. Twenty companies namely TATA, NTPC, Lanco, L&T, JSW Energy, Nalco, Welspun Energy, AES India, Torrent Power, Jindal Power, GVK Energy Ventures, Lanco Hydro Power Ventures, GMR Energy, Senator Energy, Jai prakash Power Ventures, Gujarat Paguthan Energy Corporation, CESC, Jindal Power, Sterlite Energy, Essar Group firm Vadinar Power company and Aditya Birla power venture have submitted their bids.
In September 2011, OIPL has qualified all the twenty companies to bid for the next round of tendering process.
Land for the project has been acquired and coal linkages have already been granted in December 2010. However, environment clearance for the project is yet to be issued. RFQ bids for selecting the developer was received in August 2011. Request for proposal is yet to be issued since finalization of Standard bidding document was pending.
In September 2013, OIPL invited fresh bids for the project due to the changes in bid conditions.
In November 2013, nine companies, NTPC, Tata Power, NHPC-BHEL joint venture, Adani Power, JSW Energy, Jindal Steel and Power, Sterlite Infraventures, CLP India and Larsen and Toubro have submitted initial bids for the project.
As of March 2014, nine shortlisted bidders together sought extension of eight weeks for RFP, arguing the market condition is not ripe for such huge investments. The extension has been granted by Power Finance Corporation until May 7, 2014.
In October 2014, Adani Power, Jindal Power, GMR Energy and Sterlite Infraventures withdrew their bids; NTPC and NHPC-BHEL joint venture were in the race for the proposed project.
On January 8, 2015, the power ministry cancelled the bidding process and to set-up a committee on the project.
On February 17, 2016, The Coal Ministry has given in-principal approval to reallocate three mines in the plant.
Government of Orissa has provided fund of US$51 million for the project.
On May 9, 2016, PFC Consulting Ltd of Power Finance Corporation invited bids for consultancy assignment for Forest and environmental Clearance for Meenakshi Coal Blocks, with a submission due date on May 30, 2016.
The state government has almost completed the land acquisition.
In June 2017, the revised bidding for the project delayed as approval for revised standard bidding documents is pending. However, the progress of project is in slow phase.
The project involves the construction of a 4,000MW coal-based power plant at Bedabahal in Sundargarh district of Orissa, India.
The US$4,302 million project includes the following:
1. Construction of a powerhouse
2. Construction of substations
3. Construction of internal roads
4. Construction of sewerage system
5. Laying of transmission lines
6. Installation of turbines
Reasons To Buy