MoP norms throw IPPs off gear, PPAs to be renegotiated
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24/06/1998
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Economic Times (New Delhi)
Independent power producers (IPPs) are in for more trouble and further delays, The latest notification of the ministry of power on tariff calculations has forced IPPs and state electricity boards to renegotiate power purchase agreements all over again. All the projects which have not achieved financial closure may be covered under the amendment.