ISLAMABAD (APP) - The government is committed to ending the power crisis prevailing in the country and to further build up the investors' confidence. This was stated by the Minister of Water and Power Raja Pervez Ashraf during the opening of technical proposals of the bids received here on Thursday. The bid opening ceremony was held at Private Power and Infrastructure Board (PPIB), which was also attended by the Managing Director PPIB Fayyaz Elahi, all Directors of PPIB and other senior government officials. The technical proposals were opened by the bid evaluation committee in the presence of representatives of the bidding parties. The bid opening ceremony was a consequence of the "Fast Track Private Power Projects" initiative of the government, advertised on September 26 on the basis of International Competitive Bidding. These are classified into two packages i.e. Rental Power Projects, and IPPs (Package-1) to be commissioned by the end of 2009, and IPP projects to be commissioned by the end of 2010 (Package-ll). Three bids for establishing rental power projects of around 500 MW cumulative power generation capacity have been received within the bid submission deadline today, and include 80.5 MW Rental Power Project by Gulf Rental Power, 200 MW Rental Power Project by ALSTOM Power, and 220.9 MW Rental Power Project by Independent Power Pvt Limited. Bids for Package-II will be opened on November 29, 2008. The bid evaluation committee comprising of member from PPIB, NEPRA, WAPDA/NTDC and Finance Division will review the technical proposals according to the pre defined criteria and the financial proposals of the bids will be opened on November 22. As pre proposed time schedule, notification of qualified bidders is expected to be issued on 10 December, while issuance of Letter of Award (LQA) by December 31. These rental power projects are expected to be commissioned by June, 2009. The Minister stated that the present government is committed to processing of all projects in a transparent manner, and "this is the main reason for opening of bids in public and in presence of the media", he maintained. "The same practice was followed for the earlier advertised projects of 1.500 MW, and one cannot raise a finger on the process followed", he said and added that the government welcomes the investors with open arms and will facilitate them for development of the projects.