Odisha puts up conditions for UMPP

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Bhubaneswar: The Odisha government has told the Expert Committee formed by the Centre that it can lease land in the name of a company that will be selected to set up the 4000 MW ultra mega power project (UMPP) at Bhedbahal in Sundergarh district.

On behalf of the state government, CMD of Grid Corporation of Odisha (GRIDCO) UN Mishra, on October 14, had presented some conditions before the Committee for the re-bidding for the project.

The official also told the committee that the state government will not be responsible for delay in transmission after setting up of the UMPP. Besides, the state wants to keep the plant’s capacity test for 72 hours.

“We have given our opinion regarding rectification in standard bidding document. If the developer gets the lease of the land, the bank will sanction loan,” Mishra said.

Notably, the Bhedabahal UMPP requires 3,246 acres land including 2,733 acres of private land, 444 acres of government land and 69 acres of revenue forest land. While the total cost towards land acquisition has been worked out at Rs 718 crore, compensation of about 91 per cent has been disbursed to the affected families.

Private players pulled out from the bidding process earlier citing concerns on the design, build, finance, operate, and transfer (DBFOT) model for the UMPP. Adani Power Ltd, CLP India Ltd, Jindal Power Ltd, JSW Energy Ltd, Larsen & Toubro Ltd (L&T), National Hydro Power Corporation Ltd (NHPC), NTPC Ltd, Sterlite Infraventures Ltd and Tata Power Ltd had initially responded to applications of Odisha Integrated Power Ltd (OIPL), a subsidiary floated by Power Finance Corporation (PFC) for the Bhedabahal UMPP.

Meenakshi, Meenakshi-B and dip-side of Meenakshi coal blocks have been allocated for the proposed UMPP.

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