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Govt's MERIT app launch to help customers save up to Rs 20,000 cr

E-bidding portal for states to procure power also launched

power, electricity, power grid, power tariff,
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BS Reporter New Delhi
The ministry of power on Wednesday launched a mobile app and web portal for tracking and managing merit order dispatch of power. The web portal, called MERIT (Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency), according to the government, would entail savings of close to Rs 20,000 crore to consumers in the coming five years.
 
The merit order stack is a common approach to the problem of minimising the sum of generators’ operating costs, while honouring the operational constraints of the available generation to supply the demand in a secure and reliable manner, said a government