A.P. to procure 1,600 MW thermal power through competitive bidding

Andhra Pradesh has approved the procurement of 1,600 MW of coal-based thermal power through competitive bidding, as reported by The Hindu. The decision, which follows a review meeting chaired by Chief Minister N. Chandrababu Naidu, aims to meet the state's growing electricity demand and strengthen long-term energy security. The procurement will be carried out under the Design, Build, Finance, Own and Operate (DBFOO) model using tariff-based competitive bidding, as outlined in Section 63 of the Electricity Act, 2003.

Brief written by urgent.news from The Hindu's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.