Reverse e-auction for power projects

The government plans to invite bids from private and public companies for interstate power transmission projects through reverse electronic auction on build-operate-own (BOO) basis for 35 years. The power ministry and MSTC will soon launch a bidding platform to shift from the present manual auction process to determine the lowest bidder. The transparent reverse auction process will enable bidders to revise their bids during the live bidding process. Contact: Government of India. Website: www.india.gov.in