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Electricity Act amendments propose stiff penalties for PPA violations

Suggests a national committee to integrate operations NEW DELHI: The Government may get tougher with power producers and distribution companies (discoms) that violate power purchase agreements (PPAs). The proposed amendments to the Electricity Act, 2003 — in the draft Electricity (Amendment) Act, 2018 — have defined penalties for such violations. These may extend to ₹1 crore […]

Acme Solar Holdings Limited Secures ₹1,988 Crore in Financing from Power Finance Corporation (PFC) and Wins 300 MW SECI ISTS Solar Project at a tariff of INR 3.05 per Unit – EQ