UMPP Bidders Face Stringent Rules
  • Prabha Hedge
  • Oct 29 2013

October 29: Potential bidders for two proposed Ultra Mega Power Projects (UMPP) are in for a rude shock as the clauses in the request for quotation documents put out by the custodian company Power Finance Corporation requires some stringent certification from the bidder on any possible law and order proceedings. Failing to which matters are left at the discretion of State Electricity Boards