PTC signs PPAs with discoms and IPPs

PTC India Limited has signed PPAs with four state distribution companies and has signed power supply agreements (PSAs) with seven independent power producers (IPPs) under the MoP’s pilot power procurement scheme. The PPAs have been signed with Bihar (200 MW), West Bengal (200 MW), Telangana (550 MW) and Tamil Nadu (550 MW). Meanwhile, the PSAs have been signed with RKM Powergen (550 MW), Jhabua Power (100 MW), MB Power (Madhya Pradesh) Limited (175 MW), SKS Power Generation (Chhattisgarh) Limited (300 MW), Jindal India Thermal Power (125 MW), IL&FS Tamil Nadu Power Company (550 MW), and Jaypee Power Ventures (100 MW).