"A petition was submitted by Noida Power Company Limited, an associate company of CESC, for purchase of 200 MW of power on a long term basis from April 1, 2018 from Dhariwal Infrastructure Limited, another CESC subsidiary, for approval of the Uttar Pradesh Electricity Regulatory Commission.
In its order dated November 13, 2017, passed by the Commission, the above petition of NPCL has been rejected," the firm said in a regulatory filing.
The power company also said the commission directed to initiate aA competitive bidding process immediately and complete the process as per the timelines given by the central government guidelines.
"The above order is currently being studied," the firm added.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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