The Uttarkhand Electricity Regulatory Commission (UERC) has given its nod for the fourth long term power purchase agreement to the Uttarakhand Power Corporation limited (UPCl). The UPCl had filed a petition for the approval of draft power purchase agreement (PPA) between it and M/s Beta Infratech private limited for capacity 107 MW with the UERC.
The Secretary of the UERC Neeraj Sati said that the petition of UPCl was heard by the commission on the Tuesday and it was decided to admit the petition. The Commission has already approved the PPA between UPCl and Gama Infraprop Private limited and M/s Sravanthi Energy Private limited for the capacity of 107 MW and 214 MW respectively. Sati said that the supply of 70 MW hydro power from M/s Greenko Budhil Hydro Power Pvt. ltd has been allowed to the licensee which means that there will be total addition of 498 MW capacity with the Commissioning of M/s Beta Infratech Pvt. ltd. Project.
He further informed that the commission also heard the petition filed by UPCl in respect of “Removal of MCG charges for PTW connections’ on the day and reserved its judgment in the matter. Further the commission heard the petition filed by UPCl for waiver and refund of penalty imposed by the Commission on September 01, 2005. The commission had also slapped a show cause notice to the UPCl on April 04 this year on the issue. The Commission reserved the judgment on the matter.
The Chairman of UERC, Subhash Kumar, Secretary Neeraj Sati, and Deepak Pandey, Director (Finance), UERC Deepak Pandey attended the hearing.