State-run Power Grid, Sterlite, Adani and Essel have submitted their financial bids for the Rs 6,000-crore Warangal transmission project.
Reliance Power Transmission, which had qualified the technical round, did not submitted its financial bid. “Power Grid Corp Ltd (PGCIL), Sterlite, Adani and Essel have submitted the financial bids to participate in the auction for Warangal transmission project. The last data for submission of bids was February 9,” a source said. The bids can be opened anytime next week by Power Finance Corporation’s arm PFC Consulting, which is handling the auction process, the source added.