What is Tariff-Based Competitive Bidding (TBCB)?
What is Tariff-Based Competitive Bidding (TBCB)?Tariff-Based Competitive Bidding (TBCB) is a procurement method in India’s power sector where distribution utilities or other procurers invite bids from power generators and select the project offering the lowest tariff (price per kWh), subject to meeting technical and financial criteria.In simple terms, the government or utility issues a “Request … Read more