Power players miffed at Chandigarh’s ‘arbitrary’ amendments to bid rules
March 12, 2021
Power producers body calls for withdrawing changes The Chandigarh Union Territory Administration’s decision to modify the bid conditions for the privatisation of its power distribution company mid-way the tendering process, has evoked strong objections from the industry.
The industry, represented by the Association of Power Producers (APP), raised objections to the amendments made to the bidding rules for 100 per cent privatisation of the UT s power discom.
The amendments are feared to have an impact on the financial bids as well as it allowed new bidders to submit the bids even after the last date of submission.