Seven companies including RKM PowerGen, Jaiprakash Associates and MB Power have secured contracts to supply 1,900 MW of power to five states. Power Finance Corp Consulting Ltd, a wholly-owned subsidiary of state-owned Power Finance Corp, awarded the contracts on Friday.
The companies, which also include Jindal India Thermal Power, IL&FS, Avantha Group’s Jhabua Power and SKS Power, will supply power to Tamil Nadu, Telangana, Bihar, West Bengal and Haryana, an official said.
Power purchase agreements (PPAs) with power distribution utilities of these states will be signed after receiving requisite clearances, the official added. Read More
Latest posts by The Economic Times (see all)
- India intensifies talks to check oil prices as US-Iran tensions rise - June 24, 2019
- HPCL relents, govt recognises ONGC as company promoter - June 23, 2019
- Oil prices jump 6% as Trump says Iran made ‘very big mistake’ - June 21, 2019