Bihar government is taking steps to bridge the power shortage in the state by resorting to open market purchase of power, signing power purchase agreement (PPA) with producers etc. The Bihar State Power (Holding) Company Limited (BSPHCL) signed a power purchase agreement (PPA) with
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Govt wants JSPL to sign PPA for extending MoU
Odisha government wants Jindal Steel and Power (JSPL) to sign power purchase agreement (PPA) with Gridco in order to be eligible for extension of its memorandum of understanding (MoU). It may be recalled that JSPL had signed MoU with the government in 2009 for a 1,320 mw coal-fired plant at Boin
All energy, no power
Tamil Nadu’s power woes are multi-faceted.In the latest case, GMR Power, which had gone to court over its Power Purchase Agreement (PPA), has won a Rs 537 crore judgment. GMR had a dispute with the state electricity board with respect to its 15 year PPA ending 2014 on non-payment of dues.
MERC rejects JSW Energy's power tariff revise plan
Regulatory authorities have rejected JSW Energy's plea to revise power tariffs because of difficulty in procuring fuel from Indonesia, a decision that analysts said was a setback for other companies seeking higher electricity rates on similar grounds.
Gujarat to buy from PLG
Mumbai-based PLG Power has signed a PPA with Gujarat Urja Vikas Nigam for 40 MW of solar power.
Tata's new seat of power
Consequent to the forthcoming retirement of Prasad Menon on 31 January, Tata Power appointed Anil Sardana as the Managing Director with effect from February.
No takers for high cost power from Dabhol's project
Ratnagiri Gas and Power’s plan to add another 2,100 MW of generating capacity at its Dabhol plant is apparently stuck as Maharashtra government is unwilling to pay more for the supply.
We need multi-sovereign funds to invest in clean energy
After the recent Cancun Summit became just one more wasted effort to resolve the North-South conflict in moving towards a less polluting world, experts believe the solution may lie in multi-lateral agreements.