Ppa

States and distribution companies have been asked to buy power aggregated from coal and gas-based plants that are older than 25 years.

Adani Power and Gujarat Urja Vikas Nigam settle compensation dispute outside the apex court

The court has now been informed that Adani Power will resume energy supply to Gujarat, relinquishing compensation claim for Rs 10,000 crore.

Adani-SB Energy deal | M&A trend in solar sector will only intensify

Smaller companies are finding it difficult to meet project commitments as suppliers back out and customers don’t sign power purchase agreements

Govt moves to chart five-year road map for power sector

Power ministry proposes a ‘power sector council’ to address issues between the Union and states as part of a 100-day plan

Comment | Supreme Court ruling kicks the can down the road for stressed power projects

Supreme Court may have given the power sector some leg room but the environment is not conducive for deals in the sector

Opinion | Strained finances of stressed thermal assets: Who'll bell the cat?

The idea is good, but the big question is whether such a law can be passed

Majority of 34 stressed power projects head to NCLT after failed resolution push

Bankers have been able to approve only about four or five stressed power assets out of 34 earmarked for resolution.

Reliance Power wants AP Government to scrap PPA on power project

A senior government official said Reliance Power is willing to surrender its 2,600 acres of land in lieu of which the company wants its bank guarantees back and also revoke liquidated damages besides land cost of Rs 226 crore.

Power generation target for FY18 is 23m units: NLC India

In an interview to CNBC-TV18, SK Acharya, Chairman of NLC India spoke about the results and his outlook for the company.

BJP forms govt in Arunachal with 33 PPA MLAs joining it

In a fast paced development, a BJP government was today installed in Arunachal Pradesh after 33, out of 43 Peoples' Party of Arunachal (PPA) MLAs led by Chief Minister Pema Khandu, joined the saffron brigade in this politically fragile state.

Assocham seeks relaxation in long-term PPA norm for coal

Industry body Assocham has sought relaxation in the norm that seeks long-term power purchase agreements (PPA) with distribution companies (discoms) to get coal under fuel supply agreement.

Deal with pvt discom to raise utilisation capacity to 75%: CESC

Speaking to CNBC-TV18, Sanjiv Goenka, Chairman of CESC confirmed that the company is close to signing a deal for 150 MW with a private distribution company. It will take the company‘s capacity utilisation to 75 percent in the unit, he said.

In boost to revenue visibility, JSW Energy may bag 750MW PPA

Harshvardhan Dole of IIFL said prima facie this deal will help to allay investor concerns.

Solar tariffs decline to all-time low: Goyal

"Delighted that an all time low solar tariff of Rs 4.63 (a kWhr) has been achieved during reverse e-auction conducted by NTPC," Power and Coal Minister Piyush Goyal said in a tweet.

Targeting one more PPA, better H2 this fiscal: Power Grid

State-owned Power Grid Corporation of India Ltd (PGCIL) reported a 20.54 percent rise in its standalone net profit at Rs 1,448.04 crore for the quarter ended September 30 on higher income from operations.

RattanIndia signs pact, gets to develop solar project in MP

The power purchase agreement (PPA) and project implementation agreement (PIA) with MPMKVVCL was signed in Bhopal to develop 5-MW grid-connected rooftop solar power project in the state

Adani, Jindal, Essar Power win Andhra Pradesh's 2400 MW PPA

Adani Power has won the bid to prove 540 MW at Rs 4.49 per unit; Jindal India Thermal Power will provide 374 MW at Rs 4.69.

NTPC puts 1,600 MW Gajmara project on back-burner

Power major NTPC has put on back-burner its plan to set up a 1600 MW coal-based project at Gajmara in Odisha as it has enough projects in hand, a top official of the PSU said.

Discoms haven't gained from financial rejig: Feedback Infra

RS Ramasubramaniam, co-chairman of Feedback Infra, says power requirement has grown by 5 percent in the last 5 years, while availability has historically grown by 6-6.5 percent. Power contraction was around 10 percent in April 2015 versus historical growth rate.

Aim to provide power connections same day by 12 mths: CESC

The company reported a loss of Rs 490 crore at a net level for FY15 which reflected in its results.

Power under-recoveries to rise to Rs 4500 cr: CRISIL

Rahul Prithiani, director, CRISIL Research says the higher deficit will be because the variable tariffs will not cover mining costs; prodction-linked payments to government.

Existing power agreements to be revised downward: Coal Secy

Swarup however declined to say if the government suspected cartelization, adding that it was too early to say if the bids for these 8 blocks would be cancelled

Gayatri Projects' maiden power plant commences ops

To elabourate upon the JV's plans going forward, Gayatri Projects MD TV Sandeep Reddy spoke to CNBC-TV18.

Power cos aggressive bids aimed at loss cutting: Expert

Shankar K of Edelweiss Securities says he was expecting the bidding to be aggressive for the power sector especially since there is a huge mismatch between demand and supply.

Subsidized imported gas move may help transmitters: IIFL

The government's decision to supply subsidized imported gas and RLNG to power plants starved of the feedstock from domestic sources will impact various players differently, IIFL VP Harshvardhan Dole said.