Government to invite bids for power from 8,000 MW thermal capacities without PPAs

The central government will invite bids from states to sell electricity generated from 8,000 MW thermal capacities without power purchase agreements (PPAs).

The states have been asked to send their electricity requirement, and accordingly bids will be invited. The government will aggregate their demand and call for bids. Based on the bids, PPAs will be signed with whoever puts in the lowest bids. Once PPAs are signed, states will get the power.