Government proposes PSUs to bid for power transmission projects

The government has proposed new draft guidelines to allow public sector undertakings (PSUs) to bid for power transmission projects through a tariff-based competitive bidding (TBCB) process. This marks a shift from the previous approach, where private sector entities primarily dominated the bidding. The initiative aims to boost competition and enhance efficiency in the power transmission sector, which is essential to meet India’s increasing energy needs. The draft guidelines suggest that central public sector enterprises (CPSEs),…