Majors including NTPC in fray to compete for power department privatisation in Chandigarh

Power sector majors including Tata Power, Adani Transmission Limited, Sterlite Power, ReNew Wind Energy, NTPC Electric Supply Company Limited and Torrent Power Limited are reportedly among players that have submitted bids for electricity department privatisation  in Chandigarh. The companies have submitted related documents and handed the earnest money deposit of Rs 100 million to the engineering department of the union territory. Earlier, as many as 20 players had bought the RfP, but only six are left to secure the power privatisation project. The base price of the bid is Rs 1.8 billion.