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Govt wants JSPL to sign PPA for extending MoU

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

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All energy, no power

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.