BEST to extend 677 MW PPA with Tata Power for the next five years

The Maharashtra Electricity Regulatory Commission has allowed the Brihanmumbai Electric Supply and Transport Undertaking (BEST) to extend its existing power purchase agreement (PPA) with the Tata Power Company for 677 MW of power supplied from its Trombay thermal and hydro plants for a period of five years from April 1, 2019 to March 31, 2024. The commission’s order came after BEST submitted that the cheapest option before it was the extension of its present PPA with the Trombay thermal power station and hydro plants of Tata Power. BEST and Tata Power have agreed to an extension of the PPA with the existing terms and conditions.

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