Madhya Pradesh's Distribution Franchisee bidding at last saw a progress in bidding phase with last 3-4 revisions and deferment. The bidding was closed on 16th February 2012 and total saw 12 companies. The final winners are likely to be announced by 27th or end of Feb.
|List of Received Bids from private players for MP Distribution Franchisees|
- Ujjain received most number of bids (10), followed by Gwalior (9), and last Sagar (6). See our earlier blog "Ujjain DF Webinar: Rs. 70 cr. Capex, given AT&C loss reduction trajectory and Rs. 3.5 Levelised Input price can bring 8.79% Equity IRR"
- 5 companies bidded in all 3 areas - Spanco, Monte Carlo, Dainik Bhaskar, Essel, A2Z
- 3 companies bidded in two areas - ACME, PNC InfraTech and CESC
- 4 companies bidded in only 1 area - GTL, DPSCL, Shyam Indus and Torrent Power