Coal India Limited has extended the deadlines for submission of documents by successful bidders for its recently concluded short-term supply contract auctions while state-run e-commerce company MSTC has postponed a long-term coal supply contract auction scheduled for March 27 by more than one month. Both the auctions are for supplies to the power sector. Bidding for the long-term auction was postponed to April 16.
Peak powerdemand in the country declined by around 22% to 127.96 GW compared to 163.72 GW on March 20, showing the impact of lockdown amid COVID-19 outbreak. In actual terms, the power demand has come down by about 35 GW on March 25, 2020.
Renewable Energy projects under implementation will be given extension of time considering period of lockdown and time required for re-mobilisation of work force, Ministry of New and Renewable Energy (MNRE) Secretary Anand Kumar said.