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.