Which union misiter has launched MERIT app and e-bidding portal for providing e-Bidding solution to States to select Independent Power Producers (IPPs)?

Question

Piyush Goyal, the Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, has launched the Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency (MERIT) app and e-bidding portal for providing e-Bidding solution to States to select Independent Power Producers (IPPs) for procurement of power by transferring their domestic coal under the scheme of flexibility in utilization of domestic coal. This system will bring transparency in states\' power distribution and sales and save Rs 20 thousand crore in next 5 to 7 years.

GKToday Admin · Accepted Answer

Piyush Goyal Piyush Goyal, the Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, has launched the Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency (MERIT) app and e-bidding portal for providing e-Bidding solution to States to select Independent Power Producers (IPPs) for procurement of power by transferring their domestic coal under the scheme of flexibility in utilization of domestic coal. This system will bring transparency in states\' power distribution and sales and save Rs 20 thousand crore in next 5 to 7 years.

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