{"id":417515,"date":"2021-05-29T11:37:53","date_gmt":"2021-05-29T06:07:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417515"},"modified":"2021-05-29T11:37:53","modified_gmt":"2021-05-29T06:07:53","slug":"actis-backed-sprng-energy-wants-to-cancel-100-mw-wind-power-purchase-agreement-with-seci","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/actis-backed-sprng-energy-wants-to-cancel-100-mw-wind-power-purchase-agreement-with-seci\/","title":{"rendered":"Actis-backed Sprng Energy wants to cancel 100 MW wind power purchase agreement with SECI"},"content":{"rendered":"<p>Sprng Energy, the Indian renewable energy platform set up by UK-based fund manager Actis, wants the termination of the power purchase agreement (PPA) signed with the Solar Energy Corporation of India (SECI) for its upcoming 100 mega-watt (MW) wind project. The company said it wanted the PPA to be cancelled because of the delay in the identification of a final buying entity and the restrictions on account of the on-going Covid-19 pandemic.<\/p>\n<p>Sprng Energy has also appealed the Central Electricity Regulatory Commission (CERC), seeking the release of its performance bank guarantee issued to SECI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sprng Energy, the Indian renewable energy platform set up by UK-based fund manager Actis, wants the termination of the power purchase agreement (PPA) signed with the Solar Energy Corporation of India (SECI) for its upcoming 100 mega-watt (MW) wind project. The company said it wanted the PPA to be cancelled because of the delay in the identification of a final buying entity and the restrictions on account of the on-going Covid-19 pandemic. Sprng Energy has also appealed the Central Electricity Regulatory Commission (CERC), seeking the release of its performance bank guarantee issued to SECI.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-417515","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417515","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=417515"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417515\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}