Private Sector to Lead India’s Power Generation Saga.
Private Sector is going to be the key to India’s Power Generation Story in 12th plan. There will be more projects coming up in private sector than in central and state sectors combined together. The era of EPC ( Engineering, Procurement and Construction) it appears is over. There would primarily be two models through which the power plants would be coming up in 12th plan. One model would be tariff based bidding, a model which was employed for UMPPs and UMTPs bidding. In tariff based bidding models all major developers and engineering companies vie with each other and quote their bids for constructing, running the plants and selling electricity to the grid. Out of the four UMPPs which have gone on and have completed their bidding stage, the three, namely Sasan, Krishnapatnam and Tilaya are with ADAG Reliance group and the left out one is with Tata Power. UMPPs’ tariff based model has also been adopted by some states. Uttar Pradesh’s Bara and Karchana and Punjab’s Nabha- Rajpura are such examples which have been decided on tariff based bidding model.
Other model is developer model. In such a model, developer ties up with respective state government and signs PPA. Developer then starts the activities with help of consultants and tenders are floated. Developers who are well adept with power plant projects and have experience in construction of the same, go in for multi packaging of their requirements while the new players based on their consultants’ suggestion try to broadly divide the scope in two five parts.,namely SG,TG, e- BOP, m-BOP and Civil structures.
The coming period will see the importance of experienced personnel gaining ground and private sector leading the power generation story.
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