Opinion

Scheme to buy 2500 MW power via tariff based bidding will provide partial relief to power producers
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Scheme to buy 2500 MW power via tariff based bidding will provide partial relief to power producers
It should be noted that the Ministry of Power, Government of India has formulated a scheme on a pilot basis for procurement of 2500 MW coal-based capacity for a period of three years from operational coal-based power generation projects without long-term power purchase agreements (PPAs). The ministry will select the power generators through a tariff based competitive bidding process, while PTC India Limited will sign the power purchase agreement with the winning bidders and back-to-back power sale agreement (PSA) with state distribution utilities. Read more

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