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1.Acme signs power purchase deal

Energy management firm Acme has signed a 25-year power purchase agreement with the Chhattisgarh power distribution company to supply power from its 30 MW solar plant to the state.


2.Tata Power to acquire 540 MW project

Tata Power has signed a Share Purchase Agreement (SPA) for the acquisition of 540 MW coal-based thermal power project


3.Reliance signs PPP for Rajasthan solar project

Reliance Power has signed the power purchase agreement with NTPC for its upcoming 100 MW solar power project at Jaisalmer in Rajasthan.


4.Greenko gets nod for 650 MW wind projects

Greenko Group has received the clearance to develop wind farms in the states of Maharashtra, Karnataka and Rajasthan, with a total installed capacity of 650 MW.


5.BPDB to purchase power from India

NTPC Vidyut Vyapar Nigam (NVVN) signed a power purchase agreement with Bangladesh Power Development Board (BPDB) to supply 250 MW power to the country from the unallocated quota available with the power ministry.


6.Govt to exempt duty on existing plants

Existing mega power plants may be exempted from paying customs duty on imported equipment for which orders have already been placed, reports suggest.


7.TN waives off Rs 157 cr interest dues of TNHB's residents

The Government of Tamil Nadu has proposed a comprehensive scheme to waive inte-rest to the tune of Rs 157.19 crore. Several owners, who availed of TNHB's LIG, MIG and HIG flats, either under the monthly installment scheme or the outright purchase scheme, would benefit from the move. The government's decision would ease the interest burden of 82,600 beneficiaries across the state.


8.Land deals expected to rise in Mumbai

As new developers are looking to purchase plots in Mumbai, property sales and land prices in the most expensive Indian city may spurt this year. A number of prime land parcels in the city are in the process of being put up for sale, either by inviting bids or through direct negotiations, even as property sales in the city remain subdued because of high prices and delays in project approvals, according to real estate consultants.


9.Bihar govt to bridge deficit

The Bihar Government is taking steps to bridge power shortage in the state by resorting to open market purchase of power and signing power purchase agreement (PPA).


10.KSEB gives nod to PPA

The Kerala State Electricity Board (KSEB) is entering the final phase of formalities for sourcing Kerala's share of electricity from the Koodankulam Nuclear Power Project (KKNPP) in southern Tamil Nadu. KSEB gave the nod for signing a power purchase agreement (PPA) with the Nuclear Power Corporation of India Ltd (NPCIL)


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