The auction for selling 2,500 MW power under the central government’s pilot scheme for stressed power plants is expected to be held in January 2020. The pilot scheme aims to sign power purchase agreements (PPAs) with electricity generating capacities which are stressed due to the lack of contracted buyers. This would be the third tranche of auction under the scheme.
In the first tranche, seven power plants with a combined capacity of 1,900 MW agreed to sell electricity against the call for 2,500 MW for Rs 4.24/unit.
