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Government Tackles PPA-PSA Logjam with Case-by-Case Review and Grid Reforms

Government Tackles PPA-PSA Logjam with Case-by-Case Review and Grid Reforms

Dispelling reports of blanket cancellations, the Ministry of New and Renewable Energy has clarified that only letters of award with minimal or no prospects of power sale execution may be considered for cancellation, and only after a detailed review. The government has initiated steps to strengthen mechanisms for optimising transmission capacity and improving the contracting...