Power Trading

g
&
Tariff Based
Competitive
p
Bidding
g

ElectricityMarket
y
Concepts
p

Electricity Market
Electricitymarketbroadlymeansacollectionof
arrangementsforsaleandpurchaseof
electricity
CompetitiveElectricitymarketimpliesan
arrangementwherepriceisdeterminedby
demandandsupply

Power Market Structure in India

ShortTerm
Markets(up
( p
to1year)

LongTerm
Markets
k

Regulated
Assets
Interstate
andas
State level
Statelevel

Licensed
Licensed
Traders/
Bilateral

Competitive
Bidding
case 1 and
case1and
case2

Realtime
b l i
balancing

UI
mechanism
Costcurve+
penalty

Power
Exchange

PowerMarketStructure
Competitive
Bidding
LongTerm

CostPlus
ExpansionProjects

Case1

Case2
Case
2

BilateralwithOA
Consumers
Consumers
Generator/Trader
PowerMarket

ToDiscoms
ThroughTraders
AtExchanges
ShortTerm

DirectAmong
Direct Among
Discoms

(upto 1year)
PowerExchange
Competitive
Bidding

Electricity Market
Electricitycontracts
Electricity contracts canbeofalargevariety
can be of a large variety
Longterm,Shortterm,Realtime
Physical,financial
Energy,transmissionrights,ancillaryservices

Differenttypesofcontractsservedifferentneeds
Longer
Longertermcontractsareforsecuringsupplyforbase
term contracts are for securing supply for base
loadwithhedgingofpriceriskforbuyerandsecuring
returnoninvestmentbygenerator
Shortertermcontractsareforoptimizingactualdemand
andsupply
Real
Realtime
time marketsareformanagingimbalancesandfor
markets are for managing imbalances and for
securesystemoperationinrealtime

Differentsubmarketsarelinked.Marketplayersuse
allthedifferentsubmarkets
6

How DISCOMs Procure Power

LongtermregulatedCostPlusPPA
LongTermCompetitivebiddingbasedpricePPA
Mediumtermcontracts>1yeartoupto7years
di
throughPPA
Shorttermcontractsfor1year
Short term contracts for 1 year
Shorttermseasonalcontracts(nonstandardcontracts
g
y)
throughTradersordirectly)
Termaheadcontracts(throughPX)
y
(
g p
)
Dayaheadcontracts(throughOpenAccess/PX)
RealtimemarketUnscheduledInterchange

DISCOM Portfolio
>0.5 %

Actual Load

2-3%

Real Time Market / UI

Day ahead
C
Contracts

5-10%
10-15 %

Forecasted Load

Short Term Contracts

< 1 yr

Medium Term Contracts > 1year up to 7 years

70-85%

Demand

Long Term Contracts 7-25 yrs

Time

Varies from country to country Norway 50-60 %

Spot, Brazil 103 % Long term

Arrangement for Sale of Power in India

CPSUs

5%
%

90%

Power exchanges
UI mechanism
Trading traders/
direct

L
Long
tterm

Co
ompetitive
Bid

2%
3%

State Gencos

IPPS

Regula
ated /
Negotiated

Structure of power market

Discoms

Direct
consumers

Traders

Long Term

Short Term

Memorandum of Understanding (MOU)

History of Power
Supply
Agreements in
India

Bulk Power Supply Agreement (BPSA)

Single agreement with all beneficiaries of station

Power
Po er P
Purchase
rchase Agreement (PPA)
Separate Agreement for each station and beneficiary
9

Aug08
Sep08
Oct08
Nov08
Dec08
Jan09
Feb09
Mar09
Apr09
May09
Jun09
Jul09
Aug09
Sep09
Oct09
Nov09
Dec09
Jan10
Feb10
Mar10
Apr10
May10
Jun10
Jul10
Aug10
Sep10
Oct10
Nov10
Dec10
Jan11
Feb11
Mar11
Apr11
May11
Jun11
Jul11
Aug11
Sep11
Oct11
Nov11
Dec11
Jan12
Feb12
Mar12

Trend of Short Term Power Sale in India

16.0%

14.0%

12.0%

10.0%

8.0%

6.0%

4.0%

2.0%

0.0%

10

Need of Power Trading

Tofulfilsurplusanddeficitgaps
Essential for resource optimization, no
Essentialforresourceoptimization,no
backingdownofgeneratingstations
ImprovedPLF,particularlyofStatePower
I
d PLF
ti l l f St t P
Utilities
Reductioninloadshedding

11

Trading Margin
CERC(FixationofTradingmargin)Regulations2010
(
f d
)
l
dated11thJan2010
Toapplyonshorttermbuyshorttermsell
transactions
Tradingmarginshallnotbechargedexceeding7
p/kWhincasethesalepriceisexceedingRs3/kWh
and 4 p/kWh in case the sale price is less or equal to
and4p/kWhincasethesalepriceislessorequalto
Rs3/kWh
SSwappingorbankingtransactionsdonotfallin
i
b ki t
ti
d
t f ll i
categoryoftrading purchaseofelectricityforresale
as no resale is involved
asnoresaleisinvolved
12

Trading Margin
CERC(FixationofTradingmargin)Regulations2010
(
f d
)
l
Longtermriskscannotbemitigatedthroughatrading
margin,thesamecanbedecidedbymarketforces.
Tradingmargintoapplyonscheduledenergy&noton
contractedordeliveredquantum
Tradingmarginspecifiedaboveisthecumulative
valueofmarginchargedbyalltradersinvolvedinthe
transactionbetweentheGeneratorandtheUltimate
Buyer
UltimateBuyerincludesaDistributionLicensee
13

Overview of Bilateral Trading

Agreements

Quantumofpower,meteringpoint,transmissionlosses
Periodofsupply(Days,hours,timeblock)
i d f
l (
h
i
bl k)
Price
Transmission(OA)charges,operatingcharges
Traderssmargin
Trader
margin
Paymentsecuritymechanism
Billing&payment
Default handling/ penalty
Defaulthandling/penalty
14

Overview of Bilateral Trading

15

Overview of Bilateral Trading

16

What is Power Exchange?

A
Acommonplatformfortradingofelectricityonday
common platform for trading of electricity on day
aheadbasis
Neutralandtransparent
p
welldefinedrules
Confidentialityofbids
Financialcounterpartyfortrades paymentsecurityfor
participants

Coexistswithlong/shorttermbilateralcontracts
Competitivepricediscovery
Competitive price discovery
Simultaneoushandlingofcontractsandtransmission
access
Electronicplatformfast&efficient
Promotessystembalance
Lowtransactioncost
17

Price and Volume Determination

Price (Rs./MWh))
P

Demand

Supply

Volume (MW)

18

Hourly Price Index

19

Power Market Regulations 2010

PXwillbeaseparateCompanyregisteredunderCompaniesAct
PX
will be a separate Company registered under Companies Act
PXshallberegisteredwithCERC(AnnualFee)
Byelaws
Bye
lawsandrulesofPXtobeapprovedbyCERC
and rules of PX to be approved by CERC
Restrictionsonshareholdingpatternandstaffing
ContractstobeapprovedbyCERC
NetworthnormsforPX(Rs.25crores)
Normsformembership
Separateclearinghousemustforaderivativeexchange
ClosureormergerofPX,ifmarketshareis<20%(volumewise)
N
Normsforriskmanagement&settlementguaranteefund
f ik
t & ttl
t
t f d
Disposalofcongestioncharge
Market surveillance
Marketsurveillance
Informationdissemination
20

TimeLineforschedulingofCollectiveTransaction
f
h d l
f ll
10:00

Market
Participantsto
place their Bids
placetheirBids

12:00 13:00 14:00

PXtosend
provisional
unconstrained
solution to
solutionto
NLDCandflow
onTSas
informedby
NLDC

NLDCtocheck
forcongestion.
Incaseof
congestionshall
intimatePX
regardingtothe
periodfor
congestionand
available
margins

15:00 17:30

18:00

NLDCto
confirm
acceptance.PX
to send files to
tosendfilesto
SLDCsfor
scheduling

RLDCs/SLDCsto
incorporate
Collective
Transactionsin
theDaily
Schedule
h d l

PXtosendScheduling
RequesttoNLDCbased
onmarginspecifiedby
NLDC

Power Exchanges in India

IndianEnergyExchange(IEX)
I di E
E h
(IEX)
PromotedbyFTIL&PTCFinancialServicesLtd
InoperationsinceJune2008

PowerExchangeIndiaLimited(PXIL)
PromotedbyNSE&NCDEX
InoperationsinceOct2008

NationalPowerExchangeLimited(NPEX)
PromotedbyNTPC,NHPC,PFC&TCS
Promoted by NTPC, NHPC, PFC & TCS
HasreceivedpermissionfromCERCtosetupPX
No.ofLicensedTraders>40
22

TariffBased
CompetitiveBidding
p
g

Background
Section 63 of the EA2003
EA 2003 provides that the appropriate
commission shall adopt the tariff if such tariff has been
determined through transparent process of bidding in
accordance with the guidelines
Section 61 of Electricity Act 2003 stipulates that the
Commission shall be guided by the tariff policy while
determining the tariff
As empowered by section 3(1) of Electricity Act 2003 Central
Government has formulated the Tariff Policy on 06/01/2006
The Tariff Policy stipulates that all future requirement of power
should be procured competitively by distribution licensees
Even for Public Sector Projects tariff shall be decided on basis of
competitive bidding after 5 yrs or when Commission is satisfied
for introduction of such competition

Tariff Based Bidding Guidelines

The guidelines are applicable for procurement of power
through competitive bidding through the following
mechanism
PeriodofProcurement
LongTerm

MediumTerm

7years&above

>1yearupto7years
M h i
Mechanisms

Case 1
Case

Case 2
Case

C
titi T iff B d Biddi i C
l
f.January2011
J
2011
CompetitiveTariffBasedBiddingisCompulsoryw.e.f
CompetitiveTariffBasedBiddingisCompulsory
w.e.f.January2011

BiddingMechanisms

C
CaseI
I

Location/
Technology/
Fuelunspecified
(PowerBlock)

C
CaseII
II

Bidderis
responsiblefor
allclearances
ll l
etc.
HighRiskfor
developers

Land/Fuel
specifiedby
procurer
Moreapplicable
forstateswith
fuelsourcesand
coastalareas

Clearances
providedby
state
Highriskfor
state

Source:CERC

Mechanism
MechanismofTariffBasedBidding

CaseI

CaseII

Location,Technologyorfuel
notspecified
p

Location,Technology&Fuel
arrangement specified
arrangementspecified

FuelSource

Energy
Energy
Charge

Captivecoal
blocktobe
developedby
theSeller

Energy
Chargesin
Rs/KWh

SpecificCoal
linkageprovided
byProcurer

Energychargesbased
on quoted Net Heat
onquotedNetHeat
Rate

ImportedCoalto
bearrangedby
theseller

Importedfuel&
Transportationcomponentin
USD/unit
USD/unit.
Inlandfuelhandling
componentinIndian
Rupees/unit

BiddingProcess
Case1

Case2

SingleStage
Medium&LongTerm
RequestforProposal
MaxTime:195days
Max Time: 195 days

TwoStage
LongTerm
RequestforQualification&
Request for Proposal
RequestforProposal
MaxTime:730days
PeriodofProcurement

LongTerm:Above7Years
(Usuallyupto lifeofplant)
Deviation
Deviation
from
Guidelines

Medium Term: 1 Year to 7 Years

MediumTerm:1Yearto7Years

ApprovaloftheAppropriateRegulatoryCommissionis
Approval of the Appropriate Regulatory Commission is
requiredintheeventofthedeviationfromthebidding
conditionscontainedintheguidelines

Bidding Process
Two stage bidding process is to be adopted for
Long Term procurement of electricity bidding
under case2
i. Request for Qualification (RFQ)
ii. Request for Proposal (RFP)
Single stage bidding process combining the RFP
& RFQ process may be adopted for bidding
under Case
Case1
1 for Medium/Long Term
procurement of electricity

Preparation for Inviting Bids

For Long term procurement under Case2 Procurer or
Authorized Representative shall complete the following
activities before issue of RFQ documents
Site identification and land acquisition: Issue of
Notification under Section4 of Land Acquisition
Act, 1894
Environmental clearance for Power Station: Rapid EIA
report should be available
Fuel
F l linkage
li k
or Captive
C ti coall mine:
i
Sh ld be
Should
b available
il bl
(If bidders to arrange the same shall be clearly
specified in the RFQ)
Water linkage should be available

RFQ Bid Submission for Project

1 FinancialQualification
1.
Fi
i l Q lifi ti

InternalResourceGeneration 1140Crs
N t W th 1000Crs
NetWorth
1000 C
AnnualTurnOver 2400Crs

2 TechnicalQualification
2.
Technical Qualification

3.
3
4.
5
5.
6.

AggregateCapitalCostofProjectsundertakeninLast10
years 3000Crs(with26%equitystake)
years
3000 Crs (with 26% equity stake)
CapitalCostofatleastoneProject 500Crs

ExecutiveSummary
Executive
Summary
DisclosureStatements
P
PowerofAttorney
fA
CoveringLetter

Qualifying Requirements
S.N.

RFQ:

U
UMPP
RsCrs

Case
Case2
RsCr/MW

1140

0.3

FinancialRequirements
1

InternalResourceGeneration

NetWorth(forcapacityupto
2000MW)

NetWorth(forcapacity>2000
MW)

AnnualTurnover(forcapacity
upto 2000MW)

AnnualTurnover(forcapacity
Annual
Turnover (for capacity
>2000MW)

TechnicalRequirements

1000

0.5

ForCase1(0.5Cr/MW)

0 25
0.25

or1000Crwhicheverishigher
1000 C hi h
i hi h

1.2
2400

0.6

or2400Crwhicheverishigher

3000

0.75

AggregateCapitalCostofProjects
undertakeninLast10years

500

0.125

Capitalcostofatleast1project

Guarantees
RFP:

Rs
Lakh/MW

1 BidBond

120

ForCase1(3Lakh/MW)

2 PerformanceGuarantee

300*

7.5

ForCase1(30Lakh/MW)

Preparation for Inviting Bids

For Long term procurement under Case2 Procurer or
Authorized Representative shall complete the following
activities before issue of RFP documents
Site identification and land acquisition:
q
Issue of Notification under
Section 6 of Land Acquisition Act, 1894
Environmental clearance & Forest clearance for the Power
Station: Proposal should be submitted before concerned
Authority (Environment clearance should be obtained before PPA
becomes effective)
Detailed
il d
Project
j
Report
(
(DPR):
)
Requisite
ii
Hydrological, geological, meteorological and seismological data
necessary for preparation of DPR (bidder to verify
f these data as
the geological risk lie with the developer)

Preparation for Inviting Bids

For Case1 iff Bidder
dd intends
d to set new power plant
l
shall
h ll
submit documentary evidence w.r.t the following activities
along with RFP bid
Site identification and land acquisition: Should possess 50% of
required land (If land is to be acquired under LA Act 1894, copy of
Notification under Section 4 to be submitted)
Environmental clearance & Forest clearance for the Power
Station: Proposal should be submitted before concerned
Authority
Fuel
F l Arrangements:
A
t Captive
C ti mine/coal
i / l linkage/
li k / imported
i
t d coal/
l/
Domestic gas/ RLNG
Water Linkage: Shall have acquired approval from concerned state
irrigation department /relevant authority

RFP Bid Submission for Project

The RFP bid to be submitted in two parts,
parts Financial and Non
financial bids
NonFinancial Bid
Board Resolution from bidding company committing
100% equity requirement
Bid Bond
Bidder Undertaking along with scheduled COD date and
Contract Capacity of each unit
Covering letter
Power of Attorney
Disclosure Statement
Financial Bid
The financial bid shall consist of quote for the capacity charges and
energy charges in two parts, NonEscalable Charges and Escalable
Charges
The Bidder has the option to quote firm Quoted Energy Charges
and/or firm Quoted Capacity Charges for the term of the PPA

Time Table for Two Stage Bid Process

Event
Publication of RFQ

Elapsed Time from Zero date

Zero date

Submission of Responses of RFQ

45 days

Issuance of RFP

75 days

Bid clarification, bidders conf. etc.

and revision of RFQ/RFP

RFP bid submission

b i i

225 days
d

Evaluation of bids and issue of LOI

240 days

Si i off Agreements
Signing
A
t

270 days
d

If bidding process is likely to take more than 730 days approval of

A
Appropriate
i t Commission
C
i i has
h to
t be
b obtained.
bt i d

Time Table for Single Stage Bid Process

Event
Publication of RFP
Bid clarification, bidders conf. etc.
and revision of RFQ/RFP
RFQ/RFP bid submission

Elapsed Time from Zero date

Zero date
**
75days

Evaluation of bids and issue of LOI

100 days

Signing of Agreements

120 days

If bidding process is likely to take more than 195 days approval of

Appropriate Commission has to be obtained.

TARIFFSTRUCTURE
A multitariff structure with separate capacity and energy
charges forms the basis of the bidding process
In case of Case2 projects where the procurer provides the fuel
linkage, bidder is required to submit the capacity charges along
with the net heat rate

Tariff Bids
Scenario-1 ((Captive
p
Coal Block Allocated))
Contr
act
Year

Commencem End Date of Quoted Non

ent Date of Contract
Escalable
Contract Year Year
Capacity
Charges
(Rs./kwh)

SScheduled
h d l d
M h 31
March
st
COD of 1
Unit

April 1

March 31

April

March 31

26

April 1

25th
anniversary
of
the
Scheduled
COD of 1st
Unit

Quoted
Escalable
Capacity
Charges
(Rs./kwh)

Quoted Non
Escalable
Energy
Charges
(Rs./kwh)

Quoted
Escalable
Energy
Charges
(Rs./kwh)

Same
above

as

Same
above

as

Same
above

as .

Same
above

as

Same
above

as

Same
above

as

Tariff Bids
Scenario-2 ((Imported
p
Coal))
Contr
act
Year

Comme
nceme
nt Date
of
Contrac
t Year

End
Date
of
Contra
ct Year

Quoted
Non
Escalable
Capacity
Charges
(Rs./kwh)

Quoted
Escalabl
e
Capacity
Charges
(Rs./kwh
)

Quoted
Non
Escalabl
e
Fuel
Energy
Charges
(US$/kw
h)

Quoted
Escalable
Fuel
Energy
Charges
(US$/kwh
)

Quoted
Non
Escalable
Transporta
tion Energy
Charges
(US$/kwh)

Quoted
Escalable
Transporta
tion Energy
Charges
(US$/kwh)

Quoted
Non
Escalable
Fuel
Handling
Energy
Charges
(Rs./kwh)

Quoted
Escalable
Fuel
Handling
Energy
Charges
(Rs./kwh)

Schedul
ed COD
of 1st
Unit

March
31

April 1

March
31

Same as
above

Same as
above

Same
above

as

Same
above

as

April

March
31

Same as
above

Same as
above

Same
above

as

Same
above

as

26

April 1

25th
annive
rsary
of the
Sched
uled
COD
of 1st
Unit

Same as
above

Same as
above

Same
above

as

Same
above

as

40

Tariff Bids
Scenario-3 ((Coal Arranged
g by
y Seller))
Contr
act
Year

Commencemen End Date Quoted

t
Date
of of Contract Non
Non
Contract Year
Year
Escalable
Capacity
Charges
(Rs./kwh)

Scheduled COD March 31

of first Unit

Aprill 1

March
h 31

April

March 31

26

April 1

25th
anniversary
of
the
Scheduled
COD of first
Unit

Quoted Non
Escalable
Energy
Charges
(Rs./kwh)

Quoted
Escalable
Capacity
Charges
(Rs./kwh)

Quoted
Escalable
Energy
Charges
(Rs./kwh)

Same
above

as

Same
above

as

Same
above

as .

Same
above

as

Same
above

as

Same
above

as

Tariff Bids
Scenario-4 ((Coal Arranged
g by
y Procurer))
Contract
Year

Commencement
End Date of Quoted Non
Date of Contract Contract Year Escalable
Year
Capacity
Charges
(Rs./kwh)

Scheduled
h d l d COD off March
h 31
1st Unit

April 1

March 31

April.

March 31

26

April 1

25th
anniversary
of
the
S h d l d
Scheduled
COD of 1st
Unit

Quoted
Escalable
Capacity
Charges
(Rs./kwh)

Quoted Heat
Rate
(Kcal/kwh)

Same as above

Same as above

Same as above

Same as above

Same as above

Same as above

Bid Evaluation for the Project

The escalated
Th
l t d Quoted
Q t d Tariffs
T iff ( Rs
R per kWh) off each
h off the
th
contract year for the term of PPA calculated as per the
RFP shall be discounted by the discount factors and such
aggregate discounted value for the term of the PPA shall
be divided by the sum of such discount factors to
calculate the levelised tariff of each Bidder
(Ti . Di)

LT =
Di
The Levelised Tariff calculated as above shall be ranked
from the lowest to the highest and the Bidder with
lowest Levelised Tariff shall be declared as the Successful
Bidder

LEVELISEDTARIFF
LEVELISED TARIFF = Net Discounted Tariff*
Net Discount Factor**
*Net Discounted Tariff = Tariff / (1+ Discount factor) ^n
**Net Discount Factor = 1/ (1+ Discount Factor) ^n

CERC NOTIFICATIONS:
Discount rate , Escalation rate for coal
coal, Dollar Rupee FERV
FERV,
Inflation rate updated by CERC every six months

Financial Bid for Tilaiya- Reliance

Year Commen.of End Date of
NonEscalable
Contract
Contract
Escalabl
C.C

NonIndexed

Indexed
E.C

24-Nov-14

31-Mar-15

0.51

0.17

0.38

0.13

1-Apr

31-Mar

0.50

0.18

0.86

0.14

1-Apr

31-Mar

0.68

0.19

0.85

0.15

1-Apr

31-Mar

0.68

0.20

0.84

0.16

1-Apr
1
Apr

31-Mar
31
Mar

0 68
0.68

0 20
0.20

0 83
0.83

0 17
0.17

1-Apr

31-Mar

0.68

0.22

0.82

0.18

1-Apr

31-Mar

0.68

0.23

0.81

0.19

1-Apr

31-Mar

0.68

0.24

0.80

0.20

1-Apr

31-Mar

0.51

0.25

0.79

0.21

10

1 A
1-Apr

31 M
31-Mar

0.68

0.26

0.77

0.23

11

1-Apr

31-Mar

0.68

0.27

0.85

0.24

12

1-Apr

31-Mar

0.68

0.29

0.74

0.26

13

1-Apr

31-Mar

0.39

0.30

0.73

0.27

14

1-Apr

31-Mar

0.38

0.32

0.71

0.29

15

1-Apr

31-Mar

0.36

0.33

0.69

0.31

16

1-Apr

31-Mar

0.35

0.35

0.67

0.33

17

1-Apr

31-Mar

0.34

0.37

0.65

0.35

18

1-Apr

31-Mar

0.31

0.39

0.63

0.37

19

1-Apr

31-Mar

0.31

0.40

0.60

0.40

20

1-Apr

31-Mar

0.31

0.42

0.58

0.42

21

1-Apr

31-Mar

0.31

0.45

0.55

0.45

22

1-Apr

31-Mar

0.31

0.47

0.52

0.48

23

1-Apr

31-Mar

0.29

0.49

0.49

0.51

24

1-Apr
1
Apr

31-Mar
31
Mar

0 27
0.27

0 52
0.52

0 46
0.46

0 54
0.54

25

1-Apr

31-Mar

0.25

0.54

0.43

0.57

26

1-Apr

25th

0.41

0.56

0.40

0.60

f
Levelised Tariff (Rs./kWhr)

1.77

Total
Tariff
1.19
1.68
1.87
1.88
1 89
1.89
1.90
1.91
1.92
1.93
1 94
1.94
1.96
1.97
1.70
1.70
1.70
1.70
1.70
1.70
1.72
1.74
1.76
1.78
1.78
1 79
1.79
1.79
1.97

Sites Selected for UMPP Development

UltraMegaPowerProjectsbasedonCaptiveMineallocation
Project
NameoftheShellCompany
Sasan (M.P)
(
)

Sasan PowerLimited.
d
AwardedtoReliancePowerLimitedwithLevellised
tariffofRs1.196/kWh

Tilaiya(Jharkhand)

JharkhandIntegratedPowerLimited
AwardedtoReliancePowerLimitedwithLevellised
tariffofRs1.77/kWh

Surguja(Chhattisgarh)

ChhattisgarhSurguja PowerLimited

Bedabahal(Orissa)

OrissaIntegratedPowerLimited

Oi
Orissa

S khi
Sakhigopal
l IntegratedPowerCompanyLimited
I
dP
C
Li i d

Orissa

Ghogarpalli IntegratedPowerCompanyLimited

Sites Selected for UMPP Development

CoastalUltraMegaPowerProjectsbasedonImportedCoal
Project
NameoftheShellCompany
Mundra
d (Gujrat)
(
)

CoastalGujaratPowerLimited
l
d
AwardedtoTataPowerLimitedwithLevellised tariff
ofRs2.260/kWh

Krishnapatnam(A.P)

CoastalAndhraPowerLimited
AwardedtoReliancePowerLtd.withLevellised tariff
ofRs2.333/kWh

Cheyyur(Tamilnadu)

CoastalTamilNaduPowerLimited

Nainapalli(A.P)

Tatiya AndhraMegaPowerLtd.

(M h
(Maharashtra)
h )

C
CoastalMaharashtraMegaPowerLimited
lM h
h M
P
Li i d

(Karnataka)

CoastalKarnatakaPowerLimited

The Govt. of Gujrat has requested for Second UMPP in the State.

A Glance at Awarded Power Projects

Through Case 2 Competitive Bidding Route

A Glance at Awarded Power Projects

Through Case 1 Competitive Bidding Route

50