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CERC Approves Key Deviations in 500 MW Pumped Storage Tender

The central regulator held that the deviations aligned with the objectives of competitive bidding

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The Central Electricity Regulatory Commission (CERC) has approved the deviations sought by Madhya Pradesh Power Management Company (MPPMCL) and Uttar Pradesh Power Corporation (UPPCL) from the standard bidding guidelines for the procurement of 500 MW power from interstate transmission system (ISTS)-connected pumped storage projects.

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