Haryana Cabinet gives nod to additional power purchase from Adani firm : The Tribune India

Haryana Cabinet gives nod to additional power purchase from Adani firm

Will put extra burden of maximum of Rs 50 crore per year on state

Haryana Cabinet gives nod to additional power purchase from Adani firm

The Haryana Cabinet which met today under CM ML Khattar approved the supplementary power purchase agreement with Adani Power Limited (APL).



Chandigarh, June 27

The Haryana Cabinet which met today under CM Manohar Lal Khattar approved the supplementary power purchase agreement with Adani Power Limited (APL).

Holding a press conference, Khattar said that the new power purchase agreement would — at maximum — put a burden of Rs 50 crore per year on the state.

Haryana had entered into two Power Purchase Agreements (PPAs) for 712 MW each with Adani Power Limited (APL) on August 7, 2008, at a tariff of Rs 2.94 per unit for 25 years from generating units no. 7, 8, and 9 at Mundra in Gujarat. Unit 7 of the project was commissioned on August 7, 2012, and units 8 and 9 were commissioned on February 7, 2013.

The APL had stopped the supply of power in September 2021 on the grounds of it suffering losses due to the increased rate of imported coal. It sought renegotiation of the PPA and related issues, especially seeking a complete pass-through of imported coal costs.

Haryana discoms negotiated and decided to surrender the imported coal-based capacity of 224 MW and to retain a total capacity of around 1,200 MW at the Haryana periphery to be generated with domestic coal only. The rest will be imported coal-based. If scheduled, it will be paid with pass-through of imported coal cost and other related costs.

The state has also agreed to withdraw and settle all pending litigations before various forums and courts. The Council of Ministers approved the draft supplementary PPA with APL, subject to concurrence on the same by the Advocate General, Haryana, and consequent outstanding payments to APL.

“Earlier, 70 per cent used to come through domestic coal and 30 per cent from imported coal. Now, it will be 83 per cent from domestic coal and 17 per cent from imported coal,” said the CM. — TNS

Other decisions

  • New pension cases under the Old Age Samman Allowance Scheme will be sanctioned at the doorstep with a Parivar Pehchan Number.
  • A Bill will be brought for regularising unauthorised colonies in the areas outside municipal limits. Close to 2,000 colonies could benefit.
  • Cabinet accords approval for providing state government guarantee of Rs 700 crore for UHBVNL loans.
  • The government will take over control of Shree Mata Bhimeshwari Devi Mandir (Ashram), Beri, Jhajjar.

#gautam adani #manohar lal khattar

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