Khandwa (Madhya Pradesh) [India], August 4 (ANI): With an aim to increase the power generation capacity of the central state of Madhya Pradesh and address the electricity problems in the region, a floating solar power plant is going to be built in Khandwa which will generate 600 Megawatt power by 2022-23, informed the officials on Wednesday.
Khandwa (Madhya Pradesh) [India], August 4 (ANI): With an aim to increase the power generation capacity of the central state of Madhya Pradesh and address the electricity problems in the region, a floating solar power plant is going to be built in Khandwa which will generate 600 Megawatt power by 2022-23, informed the officials on Wednesday.
New Delhi [India], May 6 (ANI): Highlighting that the demand for power has gone up by almost 20 per cent in energy terms, the Ministry of Power on Thursday ordered all imported coal power plants to operate at full capacity.
Shillong Mar 31 PTI Meghalaya Chief Minister Conrad K Sangma on Thursday said that in a big relief for the state NTPC has agreed to allocate 70 per cent of its share of power to Tamil NaduThe Congress government had in 2007 signed an agreement with NTPC entailing a fixed annual payment of around Rs 130 crore to the central PSU The pact was for 25 years and the state would have to pay a total of Rs 3300 crore approximatelyThe current National Peoples Party-led Meghalaya Democratic Alliance MDA government has been trying to get out of that agreementWe are very fortunate that after a lot of hard work and even some court cases now NTPC has agreed to a proposal and it is working towards reallocating the power to different states Sangma told reportersOf the states share of 86 MW NTPC has allotted 56 MW to Tamil Nadu which means that Meghalaya does not have to pay for almost 70 per cent of unused power he saidThe chief minister said the state government is hopeful that the rest of the 25-30 MW will also be given to other states very soonWith that we will be completely free from this agreement he saidOn April 16 last year the MDA government had decided to terminate the Power Purchase Agreement PPA signed by the then Congress-led state government with NTPC in 2007It was of the opinion that the continuation of the PPA has become a burden on the state exchequer as the state was not drawing on its allocation of power from the company as the cost was higher than the prevailing market price PTI JOP NN NN
New Delhi [India], February 8 (ANI): The Supreme Court on Tuesday accepted the out-of-court settlement between Gujarat Urja Vikas Nigam Ltd (GUVNL) and Adani Power (Mundra) Ltd over the supply of electricity and disposed of the curative plea in view of the settlement deed.
Chandigarh (Punjab) [India], November 11 (ANI): Punjab Sports Minister Pargat Singh has said that white paper on the power sector tabled by state Chief Minister Charanjit Singh Channi on Thursday in the state assembly was "a matter of public interest" and the brunt of actions taken in the past would be borne by the people of the state for the next 25 years.
Chandigarh (Punjab) [India], October 30 (ANI): Punjab Chief Minister Charanjit Singh Channi on Saturday approved the Punjab State Power Corporation Limited (PSPCL)'s proposal to terminate GVK Goindwal Sahib (2x270 MW) Power Purchase Agreement, informed the Chief Minister's Office (CMO).
New Delhi Sep 30 PTI The Supreme Court Thursday asked Adani Power Mundra Ltd to respond within three weeks to a curative plea of Gujarat Urja Vikas Nigam Ltd GUVNL challenging the apex courts 2019 verdict which had upheld the private firms termination of a pact with the state PSU A five-judge Constitution bench headed by Chief Justice N V Ramana conducted a rare open court hearing of a curative plea in a commercial dispute and took note of the submissions of senior advocates Harish Salve and Mukul Rohatgi appearing for Adani Power that some time may be granted for filing the response to the GUVNL The respondent Adani power sought time to file a reply to the petition Three weeks time has been given for filing the reply and two weeks thereafter for filing the rejoinder by GUVNL Put up for hearing on November 17 ordered the bench which also comprised Justices U U Lalit D Y Chandrachud B R Gavai and Surya Kant The top court also ordered deletion of Consumer Education and Research Society and one Sunil B Oza as parties to the litigation after Attorney General K K Venugopal appearing for the state company submitted so In a significant development on September 17 the bench decided to hear in an open court the GUVNLs curative petition which as per industry estimates has to pay nearly Rs 1100 crore compensation to Adani Power We have gone through the curative petition and the relevant documents In our prima facie opinion there are substantial questions of law raised in this curative petition which require consideration the bench had ordered while listing the plea for hearing on September 30 A three-judge bench in July 2019 had held that the notice of termination of a Power Purchase Agreement or PPA by the Adani Power to GUVNL in 2009 was legal and valid It had ordered the Central Electricity Regulatory Commission CERC to determine compensatory tariff for the power supplied by Adani Power to the state PSU The verdict had said that the court should give effect to the plain literal and grammatical meaning of the clauses used in a contract Adani Power Mundra Ltd had signed a PPA with GUVNL in 2007 to supply 1000 MW power from its project located in Korba Chhattisgarh Adani terminated the pact citing non-coal supply by Gujarat Mineral Development Corporation claiming that the supply of electricity was conditional to coal supply The PPA termination notice was challenged by the GUVNL before the Gujarat Electricity Regulatory Commission which had held the termination as illegal The top court had however reversed the findings PTI SJK MNL SA