UERC: Suo-motu proceedings for approval sought by UPCL for procurement of 500 MW RTC power against Medium Term tender

Suo-motu proceedings in the matter of in-principle approval sought by Uttarakhand Power Corporation Limited for procurement of 500 MW Round the Clock power against Medium Term tender invited by it.

Respondent- Uttarakhand Power Corporation Ltd.

Commission's View:

As evident from the observations, various important aspects have not been considered by UPCL while making the projections and also considering the comments of the Stakeholders, therefore, some major issues/concerns are required to be addressed before finalising the quantum of power to be purchased through Medium Term tender for the purpose of which it is necessary to lay down conditions that should be followed by the UPCL while approving the proposed procurement of power through Medium Term arrangement.