Indiabulls wins bidding for US$2bn 1,600MW coal plant

Indiabulls offered the lowest tariff when bids were opened yesterday, at Rs0.81 per kWh for the 65 per cent of the offtake that will be sold to Chhattisgarh State Electricity Board (CSEB), which ran the tender. The cost of the project is estimated at around US$2 billion.

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