Coal ministry to kick off auctions in August for IPPs without PPAs

For IPPs with PPAs based on imported coal, an inter-min panel has been formed to work out modalities

The coal ministry has decided to set in motion the auctions for providing linkages to the independent power producers (IPPs) that are yet to tie up power purchase agreements (PPAs).

The process for auctions would take off in August this year. Earlier, the methodology for offering linkages to IPPs having PPAs based on domestic coal was fixed by the ministry on June 12, 2017. Later, Coal India (CIL) formed a committee with representatives from the power ministry and Central Electricity Authority (CEA) and convened meetings. CIL is expected to take the approval of its board by July 21 on the methodology