Responsibility not fixed, Power Purchase Agreements may not be revoked soon: Experts

Without fixing the responsibility of the “erring” officers who allegedly “drafted and added lopsided terms” to the Power Purchase Agreements (PPAs) with independent power producers (IPPs) during the previous SAD-BJP government, Punjab State Power Corporation Limited (PSPCL) has initiated steps to ascertain ways to revise/ cancel these PPAs.

The recent government directions only talk of cancelling “faulty” PPAs financially bleeding Punjab without fixing responsibility of officers who led to losses. Already many within the Congress have questioned the delay by their own government on “making public the White Paper on power sector”.