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'TARANG', 'e-Trans' and 'DEEP'- (Press Information Bureau) (17 Aug 2016)

MANU/PIBU/0701/2016

Electricity

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines opened a new chapter to enhance transparency in power transmission sector of the country by launching the 'TARANG' Mobile App, 'e-Trans' & 'DEEP' e-bidding web portals, developed by Rural Electrification Corporation Transmission Projects Company Limited (RECTPCL), a subsidiary of REC Ltd, in New Delhi.

The Minister informed that with the perspective of good governance, and keeping in line with the "Digital India" initiative of Government of India, 'TARANG' (Transmission App for Real Time Monitoring & Growth) Mobile App & Web Portal has been developed by RECTPCL, under the guidance of Ministry of Power. Introduction of the electronic platform shall enhance ease, accountability & transparency and would boost confidence of investors in power transmission sector. Better price discovery shall ultimately benefit the power consumers in India.

TARANG shall also include status of stalled/delayed transmission systems in country which would enable the stakeholders viz. Ministry of Power, State Governments, all private sector transmission developers and PSUs like Power Grid Corporation of India Ltd., for expeditious completion of such projects.

The Minister added that Green Energy Corridors, an important component of our renewable energy mission, would also be monitored through TARANG and help to meet our ambitious targets in same on time. The web portal can be accessed atwww.tarang.website.

Apart from Tarang, Shri Goyal unveiled the 'e-Trans' web platform for e-bidding and e-reverse auction for Tariff Based Competitive Bidding (TBCB) in transmission projects. The Minister informed that till date transmission sector providers have been participating in transmission bids through manual mode. With e-Trans, the interface will be electronic. Further, he added that on the lines of coal sector, reverse auction is being introduced in transmission sector to facilitate better price discovery in transmission projects.

Minister also launched the 'DEEP (Discovery of Efficient Electricity Price) e-Bidding' portal for medium term (1-5 years) purchase of power, on the occasion. He informed that, Portal will provide a common e-bidding platform with e-reverse auction facility to facilitate nation-wide power procurement through a wider network so as to bring uniformity and transparency in the process of power procurement.

Tags : POWER TRANSMISSION   TRANSPARENCY   WEB-PORTALS   LAUNCH  

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