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NEWSFLASH : Gujarat Cadre IAS Tapan Ray Appointed As Secretary, Economic Affairs

“Some Players Keen On Bidding For UMPPs”

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October 21: According to Vinayak Chatterjee, MD & Chairman, Feedback Infrastructure Services, some players want to bid for Ultra Mega Power Projects (UMPP) since the fuel risks have been largely removed. On the other hand, he also points out that some private players are not willing to bid for UMPPS as some clauses are not very investor friendly.