Union Power Ministry launches e-Trans & DEEP e-bidding portals for electronic bidding and e-reverse auction

Posted on:18 Aug 2016 18:10:30
Union Power Ministry launches e-Trans & DEEP e-bidding portals for electronic bidding and e-reverse auction
18 August 2016 Current Affairs: The Union Power Ministry has launched ‘e-Trans’ & ‘DEEP’ e-bidding web portals for electronic bidding and e-reverse auction of tariff-based electricity transmission projects. They were launched by Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines Piyush Goyal in New Delhi.

These portals have been developed by Rural Electrification Corporation Transmission Projects Company Limited (RECTPCL), a subsidiary of REC Ltd. These portals seek to enhance transparency in power transmission sector. It marks shift from present manual auction process to electronic mode for determining the lowest bidder for projects. e-Trans: It is a web platform for e-bidding and e-reverse auction for Tariff Based Competitive Bidding (TBCB) in transmission projects.

DEEP (Discovery of Efficient Electricity Price) e-Bidding portal : It will provide a common e-bidding platform with e-reverse auction facility to facilitate nation-wide power procurement through a wider network in order to bring uniformity and transparency in the process of power procurement.

TARANG Mobile Application and portal  : Besides, the minister also launched ‘TARANG’ (Transmission App for Real Time Monitoring and Growth) Mobile Application and portal. It will be used to monitor execution of the under construction power transmission projects. It tracks upcoming transmission projects and monitor the progress of Inter-State and Intra-State transmission systems in the country. It shall also include status of stalled/delayed transmission systems in country.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs December 2017

12 DECEMBER
NEWS
11 DECEMBER
NEWS
10 DECEMBER
NEWS
9 DECEMBER
NEWS

Current Affairs November 2017

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS

Current Affairs October 2017

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS