Govt may Hold Fresh Round of PPA Auc­tions to Aid Stressed Power Cos

The Economic Times - - Front Page -

The gov­ern­ment is likely to launch a fresh round of auc­tions of power pur­chase agree­ments soon while also al­low­ing fixed charges and price es­ca­la­tion to ease stress in the sec­tor. Ahead of the gen­eral elec­tions and set­ting in of sum­mer de­mand, the auc­tions will help stranded and un­der­utilised power plants sign agree­ments with state dis­coms for three years.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.