Featured in Winter Edition – Gold standard – 12-2023

Snub me tender

The Indian government has introduced a mechanism to prevent utilities from cherry-picking the most attractive solar power prices from publicly tendered projects. Vinay Rustagi, a senior director for consultancy Crisil, says that the change could result in utilities snubbing central government tenders as they may find it preferable to conduct their own procurement.

In December 2022, India’s Ministry of Power amended electricity regulations to introduce a national project pooling system. The system’s main objective is to harmonize power price tariffs across a pool of central-government tendered, national-grid connected renewable energy projects. A detailed procedure for implementing the new system has been issued more recently. The government said it …

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