assistance sought in respect of
carrying out/participating in the reverse auction, Mr. Ramesh
Bharadwaj, Managing Director of OP-3, also requested Mr. Naresh
Kumar ... submit their price bids for the
project work. However, the e-reverse auction held on 03.05.2018 could
not succeed due to lack of responses
assistance sought in respect of
carrying out/participating in the reverse auction, Mr. Ramesh
Bharadwaj, Managing Director of OP-3, also requested Mr. Naresh
Kumar ... submit their price bids for the
project work. However, the e-reverse auction held on 03.05.2018 could
not succeed due to lack of responses
assistance sought in respect of carrying out/participating in the reverse auction,
Mr. Ramesh Bharadwaj, Managing Director of OP-3, also requested Mr. Naresh ... submit their price bids for the project work. However, the e-reverse
auction held on 03.05.2018 could not succeed due to lack of responses
bfidciers through Entraductian :3? system of Eiectmnic Reverse
Auction.
2.5 it has been aéieged that the ieadéng expioséve sugspfiers named in the
informatéon cantmi abeut ... written by the
{Wet} exptmsive suppiiets highiighting certain issues tetating to reverse
auction tin not estabiist: any ccmcertetfi action amtzmg them. The Eettets were
actuaiiy
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
further submitted that OP has also introduced the
price bid reverse auction process as per which the eligible bidders are
made to contest the offered ... ceiling, which unfairly
makes the price ruling on the day of reverse auction as a bench mark
price.
2.1.10 The lP has alleged that
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
Navayuga Engineering Co. Ltd. Thereafter, e-Reverse Auction was held on 22.11.2019 and
pursuant to the same, Letter of Awards ('LoAs') dated ... competitive bid process through a process of TBCB e- reverse auction ('the
e-RA').
29. OP-6 stated that as required under Clause
