‘TNEB to get the draft Power Purchase Agreement cleared’

The State electricity regulator is ‘broadly on board’ regarding the solar energy policy and Tamil Nadu Electricity Board’s plans to enter into long-term power purchase agreement with potential solar power generators, according to K. Gnanadesikan, Chairman and Managing Director, TNEB.

Addressing potential bidders for the 1,000 MW of solar power that the utility hopes to tie up early in 2013, he said the State Government’s solar policy has been submitted to the Tamil Nadu Electricity Regulatory Commission, which has floated a consultation paper for feedback by December 28.

“Leave it to the TNEB to get the draft Power Purchase Agreement cleared,” Gnanadesikan said responding to a question on the need for an approved PPA document for bank finance.

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