Centre to offer about 8 GW of electricity to states for the medium to long term

Reportedly, the central government is likely to offer about 8 GW of electricity to states for the medium to long term from projects that are idling as they do not have coal linkages or purchase tie-ups.

The government will aggregate demand from states facing power crisis and then auction it through tariff-based bidding. The auctioned power purchase agreements will have coal earmarked to plants that emerge as the lowest bidders. It will also be an opportunity for idling power plants to become operational and increase electricity availability.

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