Power Purchase Agreements | |
Power Purchase Agreements Are payment delays a material breach of Power Purchase Agreements (PPAs)? APTEL says yes The Appellate Tribunal for Electricity (APTEL) has declared that persistent payment delays by DISCOMs constitute a material breach of Power Purchase Agreements (PPAs). Renewable energy developers have a right to terminate Renewable energy developers have a right to terminate Power Purchase Agreements (PPAs) and seek alternative mechanisms like open access if payment defaults persist This decision upholds the termination of Power Purchase Agreements (PPAs) by renewable energy developers, reinforcing the importance of financial discipline in the power sector. #PowerPurchaseAgreements #Energylineindia | |
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Target State: All States Target City : All Cities Last Update : Jan 16, 2025 3:09 AM Number of Views: 22 | Item Owner : Energylineindia Contact Email: Contact Phone: (None) |
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