{"id":286319,"date":"2019-08-07T05:25:26","date_gmt":"2019-08-07T05:25:26","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286319"},"modified":"2019-08-07T05:25:26","modified_gmt":"2019-08-07T05:25:26","slug":"power-purchase-agreements-with-seci-ntpc-vulnerable-to-risks-india-ratings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/power-purchase-agreements-with-seci-ntpc-vulnerable-to-risks-india-ratings\/","title":{"rendered":"Power purchase agreements with SECI, NTPC vulnerable to risks: India Ratings"},"content":{"rendered":"<p>Mumbai: Lenders to renewable energy companies have long believed that their borrowers\u2019 finances are intact as long as these companies have power purchase agreements with reliable counterparties such as Solar Energy Corporation of India (SECI) and National Thermal Power Corporation of India (NTPC) and not with the less dependable state distribution companies. This may not be the case, a research report from credit ratings agency India Ratings has found.<\/p>\n<p>India Ratings studied the fine print in several power purchase agreements (PPAs) signed between renewable power developers and NTPC and SECI. They found that while PPAs underscore that payment obligations are direct obligations, all other risks and obligations would be on a pass-through basis. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Lenders to renewable energy companies have long believed that their borrowers\u2019 finances are intact as long as these companies have power purchase agreements with reliable counterparties such as Solar Energy Corporation of India (SECI) and National Thermal Power Corporation of India (NTPC) and not with the less dependable state distribution companies. This may not be the case, a research report from credit ratings agency India Ratings has found. India Ratings studied the fine print in several power purchase agreements (PPAs) signed between renewable power developers and NTPC and SECI. They found that while PPAs underscore that payment obligations are [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-286319","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286319"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286319\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}