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Monday, December 23, 2024 | 03:59 AM ISTEN Hindi

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Setback for thermal units as UP energy watchdog bans new PPAs till Dec 2022

Says UP Power Corp Ltd and state discoms had already contracted for 'sufficient' thermal power with coal-fired plants to meet projected demand till 2026-27

thermal power plant
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Virendra Singh Rawat Lucknow
In a major setback to coal-fired thermal power plants, energy watchdog Uttar Pradesh Electricity Regulatory Authority (UPERC) has prohibited state power utilities from signing any long-term power purchase agreements (PPA) till December 2022.

In its order, the UPERC has observed UP Power Corporation Limited (UPPCL) and state distribution companies (discoms) had already contracted for “sufficient” thermal power with coal-fired power plants to meet projected demand till 2026-27.

The Commission said it would review the energy capacity, energy demand and availability status in December 2022 to reassess the need for any long term PPAs with coal based thermal power plant keeping in view

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