Govt invites bids for first 400MW wheeling auction, says it is exiting power procurement
- Posted on September 20, 2026
- By Dawn
- 1 Views
- 1 min read
In brief
Government authorities have initiated a competitive bidding process for the inaugural 400MW power wheeling auction, signaling a strategic shift toward market-driven energy distribution. This initiative represents the first phase of an ambitious five-year modernization program designed to inject 800MW of electricity capacity into the grid through transparent auction mechanisms. The move reflects a commitment to reducing direct government involvement in power procurement while promoting efficiency and competition in the energy sector.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Govt invites bids for first 400MW wheeling auction, says it is exiting power procurement
This is part of the plan under which 800MW of electricity is to be auctioned over the next five years.
