Don’t miss the latest developments in business and finance.

Sakthi Sugars terminates PPAs signed with TANGEDCO

Image
Capital Market
Last Updated : Aug 25 2014 | 3:15 PM IST

To facilitate sale of power to third parties / captive users

Sakthi Sugars announced that the Power Purchase Agreement and Energy Purchase Agreements entered into between the Company and Tamilnadu Generation and Distribution Corporation (TANGEDCO) for supply of power generated by the Company at its Cogeneration Units at Sakthinagar, Sivaganga and Modakurichi have been terminated.

This termination is made to facilitate the Company to sell power to third parties / captive users.

Powered by Capital Market - Live News

More From This Section

First Published: Aug 25 2014 | 2:53 PM IST

Next Story