The Odisha state energy department has decided not to renew MoUs with 11 ´frivolous´ Independent Power Producers (IPPs), who have not taken enough steps to push their projects ahead, a top energy department official stated.
The decision is set to affect project developers like SPI Ports, NSL Nagapatnam Ltd, Nava Bharat Power, Astaranga Power, Bhushan Energy, KU Projects, JR Powergen, and Visa Power to name a few.
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