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Government mulls to comfort stressed assets by Medium Term PPA

November 13, 2018 01:20 PM

Tagged Sector(s) : Power

Government invited generators struggling with low PLF due to absence of PPA and experienced a good response from stressed generators with securing about 1900 MW of PPA against 2500 MW floated for tenure of 3 years. Government intends to float such PPA in future also, insight of response

With realization of tariff of Rs. 4.24 per is unit in the auction, generators also foresee such auctions, as it win-win situation for both generators and government. Where government secures generation availability on medium term and generators comforts  with financial obligations with its lenders and shareholders.

Article By:
Amit Sharma

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