Left Menu
Development News Edition

Five states sign PPAs to ease burden on coal-based power plants

Devdiscourse News Desk | New Delhi | Updated: 31-10-2018 23:17 IST | Created: 31-10-2018 22:16 IST
Five states sign PPAs to ease burden on coal-based power plants
(Image Credit: Twitter)

Five states including Telangana, Tamil Nadu and West Bengal have signed agreements to buy 1,900 MW of power at a discovered tariff of Rs 4.24 per unit for seven electricity generators, the government said Wednesday.

The Power Purchase Agreements (PPAs) are "expected to lessen the burden and lead to efficient utilization of capacities of some of the coal-based stressed power plants," an official statement said.

PFC Consulting Ltd was the nodal agency for the Aggregated Power Procurement Scheme and PTC India Ltd was the aggregator.

The Ministry of Power in April had issued guidelines for a pilot scheme to facilitate aggregation of procurement of power (2500 MW for 3 years) from commissioned coal-based power plants through competitive bidding.

PFC Consulting Limited conducted the bid process for selection of capacity from different projects.

"Subsequent to the bidding process tariff was discovered as Rs 4.24 per unit and projects with aggregate capacity of 1900 MW were declared as the successful bidders," it said.

The agreements under the scheme were signed with the successful bidders and procuring distribution companies on October 29.

Telangana and Tamil Nadu will buy 550 MW each, West Bengal and Bihar 200 MW each and Haryana has signed up for 400 MW.



South Africa's COVID-19 response: Surprising outcomes or just poor data management?

South Africa has been committed to improving its health information system and shows that a robust digital has considerable scope to improve healthcare for the entire population. But the COVID-19 pandemic has highlighted that significant ga...

Post-COVID-19 Nigeria needs a robust Health Management Information System to handle high disease burden

Nigeria is among a few countries that conceptualised a health management information system HMIS in the early 90s but implementation has been a challenge till date. Besides COVID-19, the country has a huge burden of communicable and non-com...

Morocco COVID-19 response: A fragile health system and the deteriorating situation

Learning from its European neighbors, Morocco imposed drastic measures from the initial stages of the COVID-19 outbreak to try to contain its spread. The strategy worked for a few months but the cases have surged after mid-June. In this sit...

COVID-19: Argentina’s health system inefficiencies exaggerate flaws of health information system

You can recover from a drop in the GDP, but you cant recover from death, was the straightforward mindset of Argentinas President Alberto Fernndez and defined the countrys response to COVID-19. The South American nation imposed a strict...


Latest News

Azeri-Armenian conflict: Overall death toll rises to 67

Nagorno-Karabakhs defence ministry on Tuesday said that 27 of its fighters were killed in fighting with Azerbaijan forces, bringing their total military losses to 58. The overall death toll rose to 67 including nine civilian deaths -- seven...

Major US hospital chain goes offline after cyberattack

The US hospital chain Universal Healthcare Services announced in a statement on Monday local time that it has gone offline after being subject to a cyberattack, but its patient care operations have not been affected. The IT Network across U...

HIGHLIGHTS-Tennis-French Open day two

Highlights of the second day at the French Open, the final Grand Slam tournament of the year, on Monday all times GMT 2135 MEDVEDEV FALLS AT FIRST HURDLE AGAINFourth seed Daniil Medvedev suffered an opening round defeat for a fourth consecu...

Tennis-Fourth seed Medvedev sent packing by Fucsovics

Daniil Medvedevs miserable relationship with the French Open continued when the fourth seed was bundled out in the first round by Hungarys Marton Fucsovics late on Monday. With the time nearing midnight on a dank and near-deserted Court Suz...

Give Feedback