Uttarakhand and Kerala procure power through DEEP

Uttarakhand and Kerala have undertaken the procurement of 150 MW of power each, on a short-term basis, through the Discovery of Efficient Electricity Price (DEEP) e-bidding and e-reverse auction portal launched by the Ministry of Power. The power procurement tender for Kerala entails the supply of 100 MW of power during peak hours and 50 MW in the daytime during May 2016. Meanwhile, the tender for Uttarakhand entails the supply of 150 MW of power round the clock during July 2016. PTC India Limited has bagged the entire capacity on offer for Kerala and over 75 MW of the capacity tendered by Uttarakhand.