In a bid to enhance transparency in power transmission sector of the country, the government has launched the‘TARANG’ Mobile App, ‘e-Trans’ & ‘DEEP’ e-bidding web portals. These are developed by Rural Electrification Corporation Transmission Projects Company Limited (RECTPCL), a subsidiary of REC Ltd.
- These measures are aimed at enhancing ease, accountability & transparency and would boost confidence of investors in power transmission sector. Better price discovery shall ultimately benefit the power consumers in India.
TARANG: It is a powerful monitoring tool that tracks upcoming transmission projects and monitor the progress of Inter-State & Intra-State transmission systems in the country, being developed through Regulated tariff mechanism as well as Tariff Based Competitive Bidding(TBCB) route. TARANG shall also include status of stalled/delayed transmission systems in country which would enable the stakeholders viz. Ministry of Power, State Governments, all private sector transmission developers and PSUs like Power Grid Corporation of India Ltd., for expeditious completion of such projects. Green Energy Corridors, an important component of our renewable energy mission, would also be monitored through TARANG.
‘e-Trans’: It is a web platform for e-bidding and e-reverse auction for Tariff Based Competitive Bidding (TBCB) in transmission projects. Till date transmission sector providers have been participating in transmission bids through manual mode. With e-Trans, the interface will be electronic.
‘DEEP (Discovery of Efficient Electricity Price) e-Bidding’ portal: It is for medium term (1-5 years) purchase of power. The Portal will provide a common e-bidding platform with e-reverse auction facility to facilitate nation-wide power procurement through a wider network so as to bring uniformity and transparency in the process of power procurement.