Page 2 - Power Purchase Agreements

Centre to relook long-term power sale pacts between generators and states

PPAs are typically of 25-30 years duration. The ministry is designing a policy paper to dwell on the alternative for long-term PPAs.

Ministry sets up high-level group to study power purchase-sale mechanism

Union Ministry of Power has formed a high-level group to study the present system of power purchase and sale under the Power Purchase Agreement (PPA) including power trading, the Lok Sabha was informed on Thursday.In a written reply, Union Minister of State (IC) Power, New & Renewable Energy, and Skill Development and Entrepreneurship R K Singh said: "The group will also explore the system of power markets globally and make recommendations for changing the structure and system of power purchase and sale in the country including reforms needed to encourage investments, efficiency, and competitiveness in power markets.""As per the provision of Electricity Act, 2003, the Ministry of Power has already issued Competitive Bidding Guidelines for long term, medium-term and short term power procurement by Distribution Licensees. As mandated in Tariff Policy, all future power procurement by Distribution Licensees in states to be done through tariff-based competitive bidding only," he ...

Creating political risk

Andhra Pradesh should maintain the sanctity of contracts

Short-term power market gains as long-term PPAs recede, shows data

The share of short-term power market moved up from 6.1 per cent in FY09 to 11.7 per cent in FY19, shows data released by the Central Electricity Regulatory Commission

Power Purchase Agreements: Caught in a legal cesspool

States reneging on power contracts sours competitive bidding for renewable energy

Renegotiation of higher tariff PPAs may impact Rs 48,000 cr worth

Bid tariffs quoted were as low as Rs 2.44 per unit for solar power in May 2017