Business Standard

Bihar, West Bengal, Telangana, TN to buy power from stressed projects

PFC Consulting Limited was appointed as nodal agency and PTC India Limited as the aggregator for the same.

Power sector, power, electricity
Premium

Shreya Jai New Delhi
Under the first pilot scheme for reviving stressed thermal power projects without power sale contracts, four states namely Bihar, West Bengal, Telangana and Tamil Nadu have agreed to procure power for medium term (3 years) from these projects.

The ministry of power in April this year launched a pilot scheme for procurement of aggregate power of 2500 mw on competitive basis for medium term from generators with commissioned projects but without power purchase agreement (PPAs). PFC Consulting Limited was appointed as nodal agency and PTC India Limited as the aggregator for the same.

PTC received bids for procurement of 1900

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in