The power ministry has rejected the standard bidding procedure suggested by the Planning Commission for public-private partnership in transmission projects arguing the new procedure would create confusion among investors.
The commission has shot back saying the model transmission agreement (MTA) has been drafted after inter-ministerial discussions and stakeholder consultations, and is based on the model issued by the finance ministry for PPP projects.
The ministry has argued that the bidding process in the power sector is governed by procedures laid down in the Electricity Act and cannot be replaced by the procedure followed for other PPP projects in the infrastructure sector.
The ministry’s objection comes after the Planning Commission circulated a MTA for PPP in intra-state transmission projects where private investment is invited.
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