The Indian Farmers Fertiliser Co-operative Ltd (IFFCO) has invited bids for the supply of 20 million standard cubic metre per day of regassified gas for fuelling its proposed power projects at its various plants.

The move is a part of its plan to diversify into the power sector. The fertiliser major intends to set up four gas-based combined cycle power projects at its existing facilities at Kalol in Gujarat, Nellore in AP, and Aonla and Phulpur in UP by 2013 at

an estimated cost of Rs 14 crore. Each of these plants will have a power generation capacity of about 1,170 mw.

Iffco will need 5 mmscmd of gas each at the proposed power plants. The last date for submission of preliminary bids, along with rates, is August 20.