RE capacity bidding: Power sector CPSUs to get nod based on balance sheet
The Union power ministry has decided to give in-principle approval at the beginning of a year for the CPSUs under it to bid for pre-determined renewable energy capacities based on their balance sheet strength.
The decision was taken during a meeting chaired by Power Minister R K Singh on an action plan for enhancing the investment by power sector Central Public Sector Undertakings (CPSUs) in renewable energy projects on Tuesday.
“A meeting to discuss the action plan for enhancing the investment by power sector CPSEs in renewable energy projects, was held under the chairmanship of R K Singh, Union Minister of Power & NRE yesterday,” the ministry said in a statement on Wednesday.
