Power Industry Pitches for Moving to 100% Tariff Based Competitive Bidding to Attract Investment


Power Industry Pitches for Moving to 100% Tariff Based Competitive Bidding to Attract Investment

Power industry on Monday pitched for moving towards 100 per cent tariff based competitive bidding for energy and renewable sector projects to attract investment and make services affordable for consumers.

The suggestions were put forward by representatives of power industry in a day-long brainstorming session chaired by Power and New & Renewable Energy Minister RK Singh to seek stakeholders’ views for preparation of five-year vision document for energy sector in the national capital.

Most of the people present in the meeting supported the view of doing away with all exceptions in tariff policy to move to 100 per cent tariff based competitive bidding (TBCB) Read More

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