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Power PPAs cannot be terminated during insolvency process

Power PPAs cannot be terminated during insolvency process

🕔21:05, 23.Oct 2020

New Delhi, Oct 23 In a breather for bankrupt power generation companies, an insolvency tribunal has ruled that going concern status of such companies have to be maintained during the entire resolution process. The National Company Law Appellate Tribunal (NCLAT)

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NHPC signs Power Purchase Agreement (PPA) with Eden Renewable Passy Private Limited

NHPC signs Power Purchase Agreement (PPA) with Eden Renewable Passy Private Limited

🕔19:31, 1.Sep 2020

NHPC Limited, India’s premier Hydropower utility has signed Power Purchase Agreement (PPA) on 31.08.2020 with Eden Renewable Passy Private Limited for 300 MW and with Altra Xergi Power Private Limited (SPV of O2 Power SG PTE LTD.) for 380 MW for procurement of Solar Power

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Ignoring Centre’s advise, Andhra to go ahead with PPAs review

Ignoring Centre’s advise, Andhra to go ahead with PPAs review

🕔09:08, 16.Jul 2019

Amaravati, July 15 (IANS) Ignoring the Centre’s advise to exercise restraint on the issue of Power Purchase Agreements (PPAs), the Andhra Pradesh government on Monday decided to go ahead with the review of all PPAs. Principal advisor to Chief Minister, Ajeya

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Changes to Electricity Act propose penalty norms for PPAs, RPOs

Changes to Electricity Act propose penalty norms for PPAs, RPOs

🕔19:05, 26.Oct 2017

New Delhi, Oct 26 (IANS) The proposed electricity amendment bill will include penalty provisions, stricter enforcement of power purchase agreements (PPA) and renewable purchase obligations (RPO), Power Minister R.K. Singh said on Thursday. “We will deal with the issues of

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Telangana steps up efforts to counter Andhra move on electricity

Telangana steps up efforts to counter Andhra move on electricity

🕔12:23, 21.Jun 2014

Hyderabad, June 21 The government of Telangana has intensified its efforts to counter the move by the Andhra Pradesh government to cancel power purchase agreements (PPAs). Telangana Chief Minister K. Chandrasekhara Rao asked the officials to collect all the relevant

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