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
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.
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