PFC Consulting has invited bids for supply of 4,500 MW power for five years beginning April 2023 to different utilities in states.
This includes Delhi, Maharashtra, Madhya Pradesh, Gujarat and Tamil Nadu. As many as five utilities have evinced interest for procuring as much as 3,910 MW.
The PFC Consulting, acting as a demand aggregator, will get supply of power through tariff based competitive bidding.
The utilities that have evinced interest for scheme are Gujarat Urja Vikas Nigam (1,000 MW), Maharashtra State Electricity Distribution Company (500 MW), Madhya Pradesh Power Management Company (660 MW), New Delhi Municipal Corporation (250 MW), and Tamil Nadu Generation and Distribution Corporation (1,500 MW).
The last date for the bid submission is 21 December 2022. After completing the bidding procedure, the letter of award (LoA) for supply of power will be given in January 2023.