The Gujarat government is likely to conduct reverse auction to tie up long-term power purchase agreements (PPAs) for 3,000 MW power generation capacity in June, people aware of the development said.
“The tender has been called to adequately prepare the state for the upcoming surge in power demand in the next four-five years,” a senior official from the state’s power department told FE.
The power supply to the state will have to begin within 54 months of signing the PPA.
