Committee under MoP submits recommendations to SBD for transmission services under TBCB

The committee constituted by the MoP to undertake the review of standard bidding documents (SBD) for the procurement of transmission services under tariff-based competitive bidding (TBCB) has submitted its recommendations. The recommendations pertain to the introduction of e-bidding reverse auctions, penalty and termination provisions, challenges facing the bid process coordinator, among others.