Power ministry clears air on BSES exit from Dadri pact

NEW DELHI: The power ministry has informed states that discoms (distribution companies) have the option of exiting a PPA (power purchase agreement) after 25 years, clearing the way for BSES Yamuna Power and BSES Rajdhani Power to walk out of a costly deal with state-run NTPC’s Dadri unit.

The ministry sent a circular to all states and central generation utilities on Monday, saying the power stations were free to sell through various mode the quantity of electricity freed after a discom exits a PPA.

The ministry’s circular was prompted by queries from stakeholders in the wake of the central tariff regulator’s ruling on petitions by the BSES discoms.

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