New Delhi: Power Finance Corp. Ltd (PFC), the nodal agency for awarding ultra mega power projects, has extended the pre-qualification bid (request for qualification or RFQ) deadline for the Orissa project by two months on account of half of the captive coal block area associated with the project falling under the “no go” mining area.
PFC had invited RFQs for the Bedabahal project in Orissa, for which the submission deadline was 30 July.
“We have extended the pre-qualification bid deadline by two months,” said Satnam Singh, chairman and managing director, PFC.
The deadline was extended as there is no clarity on the status of the captive coal block area associated with the project.
“We have taken up the matter with the ministry of environment and forests (MoEF) and hope that the issue will be sorted out,” union power secretary P. Umashankar had said earlier.
This is the second such project whose award process has been affected after MoEF had banned mining in almost half the area under nine major coalfields, designating them as “no go” areas. PFC had earlier extended the deadline for the submission of RFQ for a project at Sarguja in Chhattisgarh by two months to 5 July.
While India plans to set up 16 power projects that have a generation capacity of 4,000MW at a cost of Rs20,000 crore each, such delays could dent supplies in an energy-hungry economy struggling to meet burgeoning demand for the fuel.