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The government is set to make tariff-based bidding mandatory for allocation of power projects from next January, in a move that is expected to bring down the price of electricity to the consumer. However, state-run utilities like NTPC and Damodar Valley Corporation (DVC) might feel the heat, because with their limited ability to cut costs, they could easily be outbid by large private players. The Centre and many states already follow the tariff-based bidding route for allocation of power projects even though it is not mandatory for them to do so. Under this mechanism, the player that promises the lowest ...