Glitch in 108 ambulance call center will be rectified soon: Karnataka Health Minister \
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Glitch in 108 ambulance call center will be rectified soon: Karnataka Health Minister

25-Sep-2022
Bengaluru (Karnataka) [India], September 25 (ANI): Karnataka Health Minister Dr K Sudhakar on Sunday informed that there is some technical glitch in the 108- Ambulance service call center and measures are being taken to rectify the issue.
25-Sep-2022 National
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Punjab to terminate power purchase pact with GVK \
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Punjab to terminate power purchase pact with GVK

30-Oct-2021
Chandigarh Oct 30 PTI Punjab Chief Minister Charanjit Singh Channi on Saturday approved a proposal of power utility PSPCL for terminating the power purchase agreement PPA with private sector electricity generator GVK due to high cost The Punjab State Power Corporation Limited PSPCL has issued a termination notice to the company according to an official statement The development assumes significance as several Punjab Congress leaders including Navjot Singh Sidhu have been pressing for scrapping faulty PPAs signed during the previous SAD-BJP regime to provide electricity to people at cheaper rates A default notice has been served by the PSPCL to GVK on Saturday for cancellation of the PPA due to high power cost and falling lowest in the merit order procurement of energy from GVK that had been restricted only within the range of 25 per cent to 30 per cent during most of the times of a year resulting in higher tariff of about Rs 752 per unit for the last year the statement said Channi said this step has been taken to safeguard the interests of consumers by way of reducing the burden of costly power A spokesperson of the Chief Ministers Office said the basic premise of entering into the PPA with GVK was to provide cheaper power The GVK power project was set up at Goindwal Sahib with a capacity of 2X270 MW GVK has been generating energy by arranging coal from Coal India limited As per the PPA the company was required to arrange a captive coal mine but it failed to do so even after the lapse of more than five years of synchronisation with the grid he added The spokesperson said the capacity charges are being decided by the Punjab State Electricity Regulatory Commission PSERC based on capital cost of around Rs 3058 crore which is equivalent to about Rs 161 per unit of fixed cost He said GVK went against this decision and moved Appellate Tribunal for Electricity APTEL for claiming higher fixed cost to the tune of Rs 250 per unit based on claims of capital cost of about Rs 4400 crore which is pending adjudication As per claims made by GVK variable cost is around Rs 450 per unit and fixed cost about Rs 250 per unit the spokesperson pointed out Thus the total claim of GVK under tariff comes out around Rs 7 per unit which increases further due to surrender of its costly power Therefore the intention of GVK is clear that it requires to charge higher tariff which is not the basic premise on which PPA was entered into with PSPCL the spokesperson said This has created a commercially unviable situation for PSPCL to continue the PPA with GVK he added The spokesperson further said GVK had allegedly defaulted on loans taken by it from various lenders Consequently it had become a stressed asset and a resolution plan was required to be implemented by GVK which it failed to do he alleged Accordingly the lenders approached the National Company Law Tribunal NCLT for a resolution plan for GVK The matter is under consideration before the tribunal the spokesperson added PTI CHS VSD ABM ABM
30-Oct-2021 National
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