J&K Floats Global Tender For 690 Mw Rattle Power Project

19 June 2008

Jammu: Jammu and Kashmir government today floated global tenders for setting up of 690 mw rattle power project in Kishtwar district of the state, in tune with the new hydro-electric power policy, on river Chenab. 'After formation of the new Hydro-Electric Power (HEP) policy to tap power generation potential of river Chenab, Jammu and Kashmir Power Development Corp (JKDPC)) has floated global tenders for construction of biggest 690 mw rattle power project on river in Kishtwar,' JKPDC sources told PTI. The project would be awarded to the successful bidder fulfilling all proposed parameters, they said, adding, upfront premium quoted by the bidder should be above Rs 5 lakh per mw. The project is to be developed on Build, Own, Operate and Transfer (BOOT) basis, they added. The bidder, a single entity or consortium must have necessary technical and financial expertise to execute large projects of this size. The bidding firm or the consortium must have experience of developing infrastructure projects such as power ports, airports roads, rails, refineries, steel plants, gas pipelines, canals, dams, bridges, telecommunications, shipping etc. Also, bidders' aggregate capital cost must not be less than Rs 520 crore in last 10 years, out of which minimum Rs 175 crore should be from hydroelectric project and related activities and capital cost of at least one infrastructure project should minimum be Rs 90 crore. This would be the fourth HEP project on the river Chenab in Jammu region, they said, adding that 390 mw Dulhasti power project in Kishtwar, 450 mw Baglihar project in Ramban, 360 mw Salal HEP project in Reasi have already been setup on the river,' they said.