Adani Power had last month quoted 41 billion rupees ($493.38 million) for the 1,980-megawatt power plant in central India ensnared in insolvency proceedings.

Jindal Power, a unit of Jindal Steel and Power, had last week asked India's insolvency court to allow it to participate in an auction for the Amarkantak project.

($1 = 83.0530 Indian rupees)

(Reporting by Sarita Chaganti Singh; Editing by YP Rajesh)

By Sarita Chaganti Singh