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Budget 2016: Going under the hammer

ECONOMY & POLICY
March 1, 2016March 1, 2016
Budget 2016: Going under the hammer
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The government will start auctioning three ultra mega power projects (UMPPs) before March this year, attracting an investment of Rs.90,000 crore, budget documents said. The power ministry has identified five UMPPs for bidding: at Cheyyur in TN, Bedabahal in Odisha, Deoghar in Jharkhand, Tilaiya, also in Jharkhand and one more in Bihar, it said. Bidding out three UMPPs this year would get investment of about Rs.90,000 crore.

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