UPERC restores PPAs for 540 MW

44 UPERC restores PPAs for 540 MW

The UP Electricity Regulatory Commission (UPERC) has given a new lease of life to Bajaj Energy Pvt Ltd’s (BEPL) five thermal power plants that the private developer had to shut down after the UP Power Corporation Ltd (UPPCL) unilaterally terminated power purchase agreements (PPAs) with the company in August last year.