The Union Minister of State for Power Jyotiraditya M. Scindia has stated that the power transmission sector was opened up for private sector participation through mandatory competitive bidding with certain exemptions as per Tariff Policy notified by Government of India on January 6 in 2006 and the Gazette notification on July 8 July in 2011.
A total of eight projects estimated at Rs 13,185 crore were awarded as per scheduled time by the Bid Process Coordinators – Power Finance Corporation Consulting and Rural Electrification Corporation Transmission Projects Company to successful developers.
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