New Delhi, Jul 6: The Power Ministry today launched a mobile application and a portal to help states select power producers through e-bidding to procure power by transferring to them domestic coal under the flexible utilisation of dry fuel policy.

Initially, this will help states to save up to Rs 4,000 crore a year and they would be able to save around Rs 20,000 crore in 5 years, it said.
Power Minister Piyush Goyal launched the MERIT app (Merit Order Dispatch of Electricity for Rejuvenation of Income and Transparency)’ and the portal for providing e-Bidding solution to states to select Independent Power Producers (IPPs). “The app and the web portal would result in optimum utilisation of Coal which would save the consumer close to Rs 20,000 crores five years down the line,” Goyal told reporters.
He said 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 merit order stack is a common approach to the problem of minimising the sum of generators’ operating costs while honouring the operational constraints of the available generation to supply the demand in a secure and reliable manner.
A senior official also said that initially, this will help states save Rs 3-4,000 crore per annum while procuring power.
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