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Govt. exempts pvt. cos. from bidding norms

NEW DELHI: The Government has exempted developers from going through the tariff-based competitive bidding route if they meet certain criteria. The Power Ministry has clarified that those developers who have approached the regulatory commission concerned for approval of the Power Purchase Agreement of their projects or the developers whose PPA has been cleared by the regulator before January 6, would not have to go through the competitive bidding process, official sources told PTI.

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