Power companies bid for three-year PPA with states
POWER & RENEWABLE ENERGY

Power companies bid for three-year PPA with states

The power plants of JSW Energy, Jaiprakash Associates, Jindal Power, Sembcorp Gayatri and Essar Power are among the 16 projects that have bid for three-year PPAs with states. The auction for 2,500 MW PPAs has received bids aggregating 4,077 MW. Giv...

The power plants of JSW Energy, Jaiprakash Associates, Jindal Power, Sembcorp Gayatri and Essar Power are among the 16 projects that have bid for three-year PPAs with states. The auction for 2,500 MW PPAs has received bids aggregating 4,077 MW. Given the good response, the government is expecting lower tariffs in the range of Rs 3.50-Rs 4 per unit in the current round of the PPA auction against Rs 4.24 per unit in the first such auction conducted last year.

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