The Haryana cabinet on Monday gave in-principle approval for signing of a supplementary power purchase agreement (PPA) with Adani Power Ltd (APL) for supply of about 1,090 MW power generated from domestic coal at ₹3.20 per unit (agreed tariff of ₹2.94 plus about 26 paisa). However, about 200MW of power produced from imported coal would be surrendered by the government.
The cabinet’s decision also entailed withdrawal of all pending cases, appeals and claims pertaining to the PPA before various forums. The state government will also have to make payment to the tune of about ₹2,600 crore to Adani Power following the withdrawal of pending litigation.
The signing of supplementary PPA, however, will be subject to the legal opinion and concurrence of Haryana advocate general, BR Mahajan as the matter is sub judice. Also, certain issues have been raised in a legal opinion taken by the power department from lawyer, MG Ramachandran on the draft supplementary PPA.
