Adani Power agrees to sign supplementary PPA with Haryana

Eight months after the Haryana Council of Ministers had approved the signing of a supplementary power purchase agreement (PPA) with Adani Power Ltd (APL) to resolve the impasse over the supply of 1,424 MW of contracted power to the state, the under-fire Adani conglomerate on Tuesday yielded.

The APL which had dithered from signing the mutually agreed supplementary PPA citing one condition or the other finally came around, top state officials said.

Power officials on Tuesday held a meeting with APL team, led by its director Rajesh Adani, at Chandigarh following which the firm agreed to inking the supplementary PPA.