Govt brings relief to 2,500 Mw thermal power stations with pilot scheme

Electricity generating firms would now be able to sell power without binding pacts, as the Union government on Monday allowed procurement of power for three years under medium term from generators with commissioned projects but without Power Purchase Agreement (PPA).

The Central Government today launched a pilot scheme for procurement of aggregate power of 2,500 Mw on competitive basis for three years under medium term i.e. from generators with commissioned projects but without PPA.

Ministry of Power issued the guidelines for the said scheme on April 10. PFC Consulting Limited (a wholly-owned subsidiary of PFC Ltd) has been appointed as