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Coal linkage for PPA developers

Coal linkage for PPA developers

Given the litigation over the cap on fixed costs, the government would desist from auctioning more captive coal blocks to power companies till the judicial decisions are delivered, but would, in the interim, award linkages to Coal India´s mines to power purchase agreement (PPA)-supported developers. The move would ensure court cases initiated by winners of coal blocks under the auctions held earlier won´t deprive power plants that have tied up long-term buyers of fuel.

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