"We have disqualified APL at technical stage because the their bid was not responsive to the stipulated conditions of the bid," Mr L Chuaungo, MD GUVNL said.
APL has been disqualified because it failed to provide details for fuel linkage tie up to generate power to be supplied to the state owned entity.
In response to GUVNL's offer inviting bids for supply of 3000 MW power on long term basis, as many as 11 companies engaged in power sector, had bid for aggregated 6800 MW power.
Among the 11 companies, APL had offered the highest power of 2200 while Essar power has offered 800 MW and KSK energy's subsidiary Vardha Power has bif for 1000 MW power.
Now, minus Adani, 10 companies are in the race and financial bids of these companies are likely to be opened this week.
" Adani Power had expressed its interests for long term power supply generated from indigenous coal. However, it failed to ensure any tie-ups for fuel supplies to its proposed plants", top sources said.
According to the sources close to the development, Adani Power has applied for coal linkage with the coal companies but it has not received any assurance from them.
Just recently, APL has given a notice to the
The PPA was signed following a competitive bidding and Adani group had committed to supply power at Rs 2.35 per unit for 25 years. Since market rate of power has shot up, Adani opted to scrap the PPA.
Subsequently, GUVNL has challenged the APL's notice before Gujarat Electricity Regulatory Commission (GERC) which will take a final decision on the issue after conducting hearing of parties involved.
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