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After Andhra shock, govt plans tribunal to enforce power pacts
By : Sustainability ..., Feb 19, 2020
The Union government plans to set up a new tribunal solely to enforce power purchase contracts, power and new and renewable energy minister Raj Kumar Singh said, creating an additional legal safety net for investors. The National Democratic Alliance government, which is...Read more..
Subject Tags: DISCOMS , Electricity Act , power purchase contracts , PPA
FM allays investor concerns, says govt will honour commitments in energy pacts
By : Sustainability ..., Oct 15, 2019
NEW DELHI : Finance minister Nirmala Sitharaman on Monday assured global investors about the sanctity of power purchase contracts in India. India’s assurance comes against the backdrop of controversial attempts by the Andhra Pradesh government to renegotiate clean energy...Read more..
Subject Tags: National Democratic Alliance , power purchase contracts , PPAs , renewable energy investments , Solar Tariffs
India’s solar and wind boom is fizzling
By : Sustainability ..., Oct 11, 2019
The world’s second most populous nation has been a shimmering bright spot for solar and wind growth, driven by government policies and ambitious targets. But new projects have stalled amid increasing regulatory uncertainty as states, their financially strained electricity...Read more..
Subject Tags: ambitious targets , DISCOMS , power purchase contracts , solar energy , Wind Energy