 "POWER SECTOR, POWER, ELECTRICIT, NTPC, POWER BILL")
The draft amendment to the National Tariff Policy, 2016, furthers the differential treatment enjoyed by public sector power generation companies (gencos) vis-à-vis private peers — alongside state gencos, it now allows even central entities to sign power purchase agreements (PPAs) directly with distribution companies (discoms).
This imposes a cost on efficient players and consumers alike, with private gencos finding themselves pining for PPAs and fuel linkages. A sase in point: between 2012 and 2018, private gencos added about 56 GW of thermal capacities, against which PPAs of only about 9 GW have been signed and sealed.
In the past four
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