BEST extends 677 MW PPA with Tata Power for next five years


BEST extends 677 MW PPA with Tata Power for next five years

The Maharashtra Electricity Regulatory Commission has allowed Brihanmumbai Electric Supply and Transport Undertaking to extend its existing 676.69 MW power purchase agreement with Tata Power for another 5 years.

“Maharashtra Electricity Regulatory Commission (MERC) has allowed Brihanmumbai Electric Supply and Transport Undertaking (BEST) to extend its existing Power Purchase Agreement (PPA) with The Tata Power Company Ltd (TPC-G) for 677 MW supplied from its Trombay Thermal and Hydro plants for five years from April 1, 2019 to March 31, 2024,” a Tata Power statement said Wednesday.

According to the statement, after the due diligence for ensuring the reliability of supply and cost competitiveness for the BEST consumers in Mumbai, the commission, in its order on January 2, 2019, approved the extension. Read More

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