Regulatory commission flays KSEB for not sourcing power from restored contracts thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The new contracts, unlike the current three-month contracts, should help distribution companies to plan their procurement efficiently and well in advance
State-run mining corporation Coal India will import fuel for the first time since 2015, a Power Ministry letter accessed by Reuters indicated on Saturday
Competitive tenders had been invited for meeting summer demand
Proper procedures were followed in purchasing short-term power for meeting the 2021 summer demand, the Kerala State Electricity Board (KSEB) said on Saturday.
The KSEB came out with the clarification in this regard following an allegation that it had signed a contract with the Adani Group for direct purchase of electricity for meeting the summer demand.
As part of guaranteeing power supply during the summer months, the KSEB had invited competitive tenders for 100 MW round-the-clock (RTC) power and another 100 MW between 2 p.m. and 12 midnight through the Discovery of Efficient Electricity Price (DEEP) e-bidding portal, an initiative of the Union Power Ministry.