Chapter

Competitive Procurement of Electricity

Alok Kumar and Sushanta K. Chatterjee

in Electricity Sector in India

Published in print October 2012 | ISBN: 9780198082279
Published online September 2012 | e-ISBN: 9780199082063 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198082279.003.0005
Competitive Procurement of Electricity

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This chapter introduces the legal and policy provisions on the competitive procurement of electricity in India, which are one of the most important features of the Act. The salient features of the Competitive Bidding Guidelines issued by the Government of India under Section 63 of the Act have been covered. The chapter also covers the key features of the standard bidding documents like Request for Qualification (RfQ), Request for Proposal (RfP), and Power Purchase Agreement (PPA). The chapter explains in a simple language the various aspects of competitive procurement, including procurement under both location neutral and location specific procurement queries. It also describes in brief the experiences so far on competitive procurement and analyses the emerging issues and suggests the way forward to institutionalize competitive procurement in the sector.

Keywords: India; electricity sector; Competitive Bidding Guidelines; Request for Qualification; Request for Proposal; Power Purchase Agreement; competitive procurement

Chapter.  8823 words.  Illustrated.

Subjects: Economic Development and Growth

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