Dushyant Singh Pundir
Tribune News Service
Chandigarh, March 17
Despite extending the last date for the submission of the bids, no new company has evinced interest in the privatisation of the UT Electricity Department.
The UT Administration had recently extended the last date to submit bids till March 18 after making changes in the request for proposal (RFP) conditions in the tender documents.
A senior official said till date, no new company had come forward to take part in the privatisation process after certain conditions were incorporated in the bid documents.
On November 9, 2020, the UT Engineering Department had invited bids for the privatisation of the Electricity Department.
As many as 20 intended bidders purchased the tenders, but only six companies — Sterlite Power, ReNew Wing Energy, NESCL (NTPC), Adani Transmission Ltd, Tata Power and Torrent Power — had submitted their bids by the last date on February 8.
However, on a petition filed by the UT Powermen Union, a Division Bench of the Punjab and Haryana High Court
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