H-Power, NTPC to get second chance in UP

Paving the way for Reliance Power, NTPC and three other companies to rebid for projects, the Uttar Pradesh power regulator has allowed the Uttar Pradesh Power Corporation (UPPCL) to seek fresh financial bids for proposed power plants at Bara and Karchhana in Allahabad district. Jindal Steel and Power, JSW Energy and CESC are the other firms that can also submit their revised bids for the two thermal power projects. "All the eligible bidders have been asked to submit their revised financial bids by June 13," sources added.