Capt asks PSPCL to cancel, revisit PPAs with pvt firms

Chief minister Captain Amarinder Singh on Wednesday ordered Punjab State Power Corporation Limited (PSPCL) to cancel or revisit all one-sided power purchase agreements (PPAs) with private companies that are not contractually obligated to supply sufficient power to meet the state’s peak demand during the paddy sowing and summer season.

The CM also directed the PSPCL to revoke the PPA of Talwandi Sabo Power Limited (TSPL), Mansa, one of the largest private thermal plants in the state, stating that the facility failed to perform in the current paddy season. The CM said the plant’s PPA is biased in favour of the company.