Tariff based competitive bidding allows mega power projects to forgo international competitive bidding when power is tied up or awarded. Paragraph 8.4.4(iv) of the Foreign Trade Policy is amended to allow an exemption from the international competitive bidding requirement for mega power projects where the required quantum of power has been tied up through tariff based competitive bidding or where the project has been awarded through tariff based competitive bidding, making tariff based competitive bidding a substitute for ICB in these specific circumstances.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tariff based competitive bidding allows mega power projects to forgo international competitive bidding when power is tied up or awarded.
Paragraph 8.4.4(iv) of the Foreign Trade Policy is amended to allow an exemption from the international competitive bidding requirement for mega power projects where the required quantum of power has been tied up through tariff based competitive bidding or where the project has been awarded through tariff based competitive bidding, making tariff based competitive bidding a substitute for ICB in these specific circumstances.
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