Haryana cabinet gives nod to supplementary PPA agreement with Adani Power

The Haryana Cabinet here on Monday gave approval regarding signing of a supplementary power purchase agreement with Adani Power Ltd, months after the power firm stopped supply of power due to rising prices of imported coal.

The approval was given in a meeting of the state cabinet, which met here under the chairmanship of Chief Minister Manohar Lal Khattar, a state government statement said.

Haryana discoms had entered into two power purchase agreements (PPAs) for 712 MW each with Adani Power Limited, both dated August 7, 2008, at a levelised tariff of Rs 2.94 per unit for 25 years, for the procurement of contracted capacity of 1,424 MW in aggregate from Mundra power project in Gujarat.

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