Goyal launches `MERIT’ app, e-bidding portal

Speed Post News Network

New Delhi : Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines Piyush Goyal on July 5, 2017, launched here the ‘MERIT app (Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency)’ and the e–bidding portal for providing e–Bidding solution to states to select Independent Power Producers (IPPs) for procurement of power by transferring their domestic coal under the scheme of flexibility in utilization of domestic coal.

The app and the web portal would result in optimum utilization of Coal, the Minister said. Goyal said that use of technology to increase transparency and accountability and transfer maximum benefit to the consumer reflects a 360-degree approach of a ‘Government in Action’. The Government is dedicated to ensure access to affordable, quality, 24×7 Power to all, he said, according to a PIB release.