Tagged: PPA

Long-term power supply contracts down to trickle

Notwithstanding the policy emphasis on the sector, new power supply contracts have dried up over the last couple of years, owing to a host of factors like domestic fuel shortage, increased reliance on expensive...

Power projects: Banks raise concern over bidding norms

Design, Build, Operate, Finance and Transfer model will deprive concessionaire of ownership rights to projects  Two of the largest lenders to power projects in the country, State Bank of India (SBI) and ICICI Bank, have raised major concerns...

CIL approves FSA renewal with non-power consumers

The board of state-owned Coal India Ltd (CIL) has given approval to renew the existing fuel supply pacts with non-power producers, but with riders. “CIL board…accorded its approval for renewal of the existing fuel...

NTPC mulls exit from Sri Lanka venture

NTPC Ltd has informed the government that it cannot accept the fresh terms set by the Ceylon Electricity Board (CEB) for its proposed 500-MW project in Sri Lanka. Indicating its willingness to withdraw from...

8 years after deal, 7 firms yet to produce power

Nearly eight years after the Maharashtra State Electricity Distribution Company Ltd (MSEDCL) signed memoranda of understanding (MoUs) with seven leading firms for the supply of 11,500 MW of power, the companies are yet to...

Gujarat to promote solar power under REC mechanism

Apex state power utility Gujarat Urja Vikas Nigam Limited (GUVNL) is going to ink power purchase agreements with solar project developers under renewable energy certificate mechanism soon. The process for the same will start...

TN solar bid ‘seriously flawed’

The Tamil Nadu solar bid is “seriously flawed”, says the Solar Independent Power Producers Association (SIPPA). In a petition sent just days before the last date for submission of bids (January 4), the Association...

‘CIL must not favour PSU power cos’

Defying the convention of patronising public sector enterprises (PSEs) at the expense of private firms, new power minister Jyotiraditya Scindia has sent a missive to his counterpart in the coal ministry, strongly recommending that...

Lanco Infratech to supply 300MW power to MP Discoms

Infrastructure firm Lanco InfratechBSE 0.07 % will now sell 300 megawatt of power produced from its first domestic coal-fired plant Lanco Amarkantak in Chhattisgarh to the power distribution companies (Discoms) of Madhya Pradesh, after...