MoP working on scheme to auction PPAs with attached coal linkages

The MoP is working on a scheme to auction power purchase agreements (PPAs) with attached coal supplies from Coal India Limited (CIL). The proposed auction of medium-term PPAs with coal supplies is expected to help about 10 GW plants, which are stressed due to lack of fuel and power contracts. In the proposed auction scheme, bidders will be informed about the availability of coal supply from various CIL subsidiaries and mines. Tariff-based competitive bids are expected to be invited from companies for 2,500 MW of capacity for three years.

GET ACCESS TO OUR ARTICLES

Enter your email address