Monday, June 15, 2015

Power procurement Bidding Norms amended


  • Amendment applies to case 1 bids where the quantum and period of power procurement is known but fuel type, source and location of the plant is not specified.
  • If Winning bidder is unable to meet the power capacity required, the remaining bidder will be invited to match the lowest bid.
  • Cap of seven bidders at financials bid stage removed.
  • Power developers can add further capacity without requiring consent from the procurers.

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