Govt to launch web portal for power procurement by discoms

To provide a transparent mechanism for procurement of power for short term by discoms, Power Ministry will launch a web portal on April 12.
"Power Minister Piyush Goyal will launch an e-bid portal for procurement of power for short term by discoms on Tuesday," a senior official said.
The portal will be made operational and managed by state-run MSTC Ltd, which conducted auctions for coal blocks, gas subsidy for stranded power projects and bulk purchase of major power equipment.
The official said that power can be procured for a period of one day to a year by the power distribution companies.

The move is in line with the government's aim to achieve one nation one grid and one price of power across the country for supply of round the clock electricity to all by 2019.