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
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
Southern Power Distribution Company Of ... vs Central Electricity Regulatory ... on 9 February, 2024
Judgement in
period covered in the PSAs and PPAs.
"18. The e-Reverse Auction for 2000 MW capacity was
carried out on 2.7.2018 in the presence
contract would be awarded based on competitive bids in
an e-reverse auction process.
(ii) Over 44 vendors submitted their applications in response ... shortlisted vendors to submit their bids in the upcoming e-reverse
auction.
(iv) On 02.06.2018 an email was circulated by Naresh Kumar Dasari/
Respondent
contract would be awarded based on competitive bids in
an e-reverse auction process.
(ii) Over 44 vendors submitted their applications in response ... shortlisted vendors to submit their bids in the upcoming e-reverse
auction.
(iv) On 02.06.2018 an email was circulated by Naresh Kumar Dasari/
Respondent
contract would be awarded based on competitive bids in
an e-reverse auction process.
(ii) Over 44 vendors submitted their applications in response ... shortlisted vendors to submit their bids in the upcoming e-reverse
auction.
(iv) On 02.06.2018 an email was circulated by Naresh Kumar Dasari/
Respondent
Informant has also stated that "There had not been any reverse auction in
these tenders."
17. Details of the financial bids received
necessary environmental clearance
from the Department of Environment through a reverse auction
process. Thereafter, during the financial year 2023-24, out of 25
newly identified