The Uttar Pradesh Electricity Regulatory Commission (UPERC) has disallowed interim relief to Bajaj Energy after the company sought compensation after its 450 MW plant was shut after the Uttar Pradesh Power Corporation (UPPCL) terminated the power purchase agreement (PPA) signed in 2010.
The BJP-ruled Uttar Pradesh government is using strong-arm tactics, such as the unilateral termination of power purchase agreements (PPAs), to get generators to reduce electricity tariffs.
Determined to curb power theft that is financially bleeding its power distribution companies (discoms), the BJP-ruled Uttar Pradesh has decided to invoke stringent laws like the National Security Act and Goonda Act to deal with electricity thieves.
Under the BJP government, UP’s power sector is on the revival path. After dithering for years over implementation of bold measures to bridge the revenue gap and restore UP Power Corporation Ltd’s financial health, the state has decided to bite the bullet on tariff increase for non-industrial consumers.
Earlier last month, Uttar Pradesh Power Corporation (UPPCL) had cancelled power purchase agreements (PPAs) with a few firms for delay in commissioning projects as per schedule.
During a three-month special drive launched by Uttar Pradesh Power Corporation Limited (UPPCL) to check power theft in Bareilly division
In a bid to cut power purchase costs as per the ‘power for all’ agreement signed by the state government in April this year, the Uttar Pradesh Power Corporation (UPPCL) has decided to exit all power purchase agreements (PPAs) that are costly
Mudajaya Group Bhd’s long-delayed independent power producer (IPP) project in Chhattisgarh, India, is set to supply power to Uttar Pradesh Power Corp Ltd (UPPCL).
Power scenario in India set for major change, India-Ratings assigns ‘AA’ to Rs 10,000 cr UPPCL bond, may light up UDAY in UP
In a significant step that can change the power scenario in the country and signal the success of the Ujwal Discoms Assurance Yojana (UDAY) in Uttar Pradesh