From The Economic Times · PTI · · 50s
Private Power Firms Demand Shield Against Delays
Private power firms urge stronger protections for projects delayed by transmission infrastructure gaps.
In brief
Private power firms urge stronger protections for projects delayed by transmission infrastructure gaps. Private power transmission developers demand contractual relief from delays caused by unavailability of interconnected transmission infrastructure. Originally reported by The Economic Times.
Private power firms seek relief
Private power transmission developers urge the Ministry of Power to strengthen obligations for Central Transmission Utility of India Ltd and provide automatic financial relief for projects delayed by unavailability of interconnected transmission infrastructure.
Transmission projects interdependent
Transmission projects are increasingly interdependent with completion of one transmission line, substation, bay or reactor often contingent on timely readiness of interconnected assets developed by another provider.
EPTA requests tariff changes
The Electric Power Transmission Association seeks changes to the tariff-based competitive bidding framework including deemed commercial operation dates, full tariff recovery and protection against penalties for delays in interconnected facilities.
The bottom line
Private power transmission developers demand contractual relief from delays caused by unavailability of interconnected transmission infrastructure.
