Punjab power utility signs power purchase agreements

Written By Unknown on Sabtu, 17 November 2012 | 16.02

Chandigarh, Nov 17 (PTI) Punjab State Power Corporation Limited today signed power purchase agreements with non-conventional energy producers to enhance availability of electricity in the state. Among others, an agreement was signed with Sangrur based Dallanwala Non-Conventional Power Generation Pvt, said an official release. The plant is being set up at Village Dallanwal tehsil Sunam at a cost of Rs 8 crore which will produce 600 KW of power. Power purchase agreements were also signed with Sidhwan Hydro Power and Preetech Power to buy power from their mini hydel projects coming up with an outlay of Rs 25 crore at Ludhiana and Gurdaspur with total capacity of 2350 KW, the release said. The rate of power purchase will be decided by the Punjab State Electricity Regulatory commission, an official said adding these were long term power purchase agreements for a period of 35 years. PTI CHS TVS


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