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PolicyEconomic Times

TN caps power procurement at lowest monthly bids

Positive+33

GreyOak summary

Tamil Nadu opened short-term power tenders for the summer season (January to June) to meet rising demand. The state will purchase electricity strictly at the lowest quoted price per month, with rates ranging from Rs 9.50 to Rs 13 per unit.

What it affects

  • EnergyPositive +33

    State procures power at lowest monthly bids.Rolling sentiment Positive +37

Source

Read the original at Economic Times

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