Punjab Passes Bill in Legislative Assembly to Renegotiate Renewable Energy Tariffs
The government’s move could come in for a legal challenge
November 12, 2021
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The Punjab government has passed a Bill to revise the long-term power purchase agreements (PPAs) between the Punjab State Power Corporation Ltd (PSPCL) and the renewable energy generators. The Bill seeks to reduce the tariffs for renewable energy projects approved by the state electricity regulatory commission.