Power Company of Karnataka Limited (PCKL), a wholly-owned company of the government of Karnataka, will shortly issue request for proposal (RFP) documents to 22 bidders qualified for its proposed 1,320-Mw Gulbarga coal-based super-critical thermal power project. The project is proposed under the Case-2 bidding framework according to the competitive bidding guidelines. The cost of the project is estimated at Rs 7,500 crore.
PCKL is a special purpose vehicle created by the state to bridge the widening gap between demand and supply by capacity addition through the competitive bidding route. The Gulbarga project is the first to be taken up by PCKL under the competitive bid route.