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Cos submit bids for 1,500MW projects
Published: August 03, 2008- Digg
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He said the successful companies will start operational work in six months in rental power while IPP will start operations in 12 months after cabinet approval and receiving letter of support.
He said that bidding of power projects has been started to overcome power shortfall being faced by the country, adding, the step is part of government’s short-term strategy to increase power generation.
Besides, he said long-term and medium-term strategies are also being initiated to generate more electricity in the country.
Replying to a question, he said “6,000MW IPPs are operating in the country and we don’t have any significant problem with them so in future we expect smooth working relations with IPPs.” The government had opened international competitive bidding for setting up 1,000MW Independent Power Plants in different parts of the country and 500MW rental power plants in Karachi on July 15. Through process the government received bids of 3,006MW power for setting up 1,000MW IPPs and over 778MW bids for setting up 5,00MW rental power plants in Karachi. Nine parties participated for 1,000MW IPPs, whereas three parties took part for 500MW rental power plants.
The government had formed an evaluation committee to evaluate the bidding documents technically before announcing the financial bidding.
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