Section 63 of EA 2003, Electricity Act : Section 63: Determination Of Tariff By Bidding Process
EA 2003, Electricity Act
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Explanation using Example
A power distribution company in India is looking to purchase electricity to meet the demand of its consumers. The company initiates a transparent bidding process inviting power generation companies to bid for supplying electricity at a competitive tariff. Company A wins the bid by offering the lowest tariff for...
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