REL and BHEL bid for power project in Haryana

The public sector undertakings, Bharat Heavy Electricals (BHEL) and Reliance Energy (REL) submitted bids for the 1,000/1,200 mw coal-based project proposed at Hisar, reports Financial Express.

While BHEL was a new entrant for the project, REL submitted a revised bid for the project whose estimated cost is expected to surpass Rs 40 billion.REL was the sole bidder for the project before the state government decided to extend the date of submission and relaxed the commissioning schedule of bids.

The power generating capacity of the plant, expected to be between 1,000 and 1,200 MW would be decided as per the proposal of the successful bidder.