With the aim to drive bids for round-the-clock (RTC) power supply, the Ministry of Power has amended the guidelines for tariff-based competitive bidding for power procurement from such projects, allowing them bundling with any non-renewable source of energy rather than just coal-based thermal projects.
The earlier guidelines for bundled projects required a bidder to place tariff bids after allowing power generated from renewable resource and via based thermal power projects.
With the changes in guidelines, a bidder for a RTC tender can quote tariff by bundling power from renewable and any other non-renewable resource such as thermal and hydro, including power from energy storage systems.
