withdraw
the said petition and permitting them to carry out a reverse auction
process for the procurement of renewable power.
2. The Appellant ... Appellant was not aligned to the market rates and
a fresh reverse auction bidding process would have furthered
the public interest with the objective
Reverse auction conducted on TCIL
portal, MEIPL was declared the successful bidder, for development of the
300 MW power project, having quoted a tariff ... project
location within 30 days of the conclusion of the e-reverse auction, i.e. by
04.04.2018; however the Petitioner, vide letters dated
applicable trading margin as
under:
".... The tariff recovered after Reverse Auctioning in this
scheme is Rs.2.69 per kWh (excluding Trading Margin).
SECI ... Power of individual
projects shall be the tariff determined from the reverse
auction process conducted by SECI
said amount; and the appellant then participated in the e-reverse auction held for
Sarisatolli Coal block, and submitted its bid in the said ... reverse auction, in a manner
that ensured that the Coal block was re-allotted to it, with a view to maintain continuity
of coal availability
decision
to procure wind power only through competitive bidding on e-reverse auction basis
for any surplus capacity.
13. The MEDA on multiple occasions granted ... decision to procure wind power only
through competitive bidding on e-reverse auction basis for any
surplus capacity.
Page 12 of 54
Judgment Appeal
Land Lease
Agreements were made available to the solar power developers. Reverse
auction came to be conducted by the nodal agency i.e., 4th Respondent
same lends preferential support to the winners of the SECI e-reverse
auctions, who had not undertaken any of the procedures as mandated
under
under the NSM scheme to UPPCL at the discovered tariff through reverse
auction, with an upper cap of Rs.3.50/unit as fixed tariff ... under the NSM scheme to UPPCL at the
discovered tariff through reverse auction, with an upper cap of
Rs.3.50/unit
(iv) UPPCL constituted
from solar PV projects on long term basis through
TBCB Process, reverse auction was held on 02.07.2018 in which Mahoba
participated successfully for supplying
delayed over six (6) months, the tariff discovered after e-
Reverse Auction shall be reduced at the rate of 0.50 paise
