Draft Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects

MNRE invites comments of stakeholders on “Draft Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects”. The specific objectives of these Guidelines are as follows: To promote competitive procurement of electricity from solar PV power plants, by distribution licensees, to protect consumer interests; To facilitate transparency and fairness in procurement processes \and to provide for a framework for an Intermediary Procurer as an Aggregator/Trader for the inter-state/intra-state sale-purchase of long-term power; and To provide standardization and uniformity in processes and a risk-sharing framework between various stakeholders, involved in the solar PV power procurement, thereby encouraging investments, enhanced bankability of the Projects and profitability for the investors.

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