UP government cancels PPAs for seven coal based power plants

The Uttar Pradesh government has cancelled PPAs for seven coal-based power plants aggregating 7,040 MW of capacity. These projects were awarded to Lanco, Bajaj Energy, Welspun Energy, Unitech Machines, etc. in 2011 and they have failed to achieve their commissioning targets. The developers failed to duly perform and obtain long-term coal linkage from the standing linkage committee, three extension orders from the state government, the last deadline had expired on March 31, 2017.

GET ACCESS TO OUR ARTICLES

Enter your email address