PSPCL signs PPAs for 40 MW biomass plants

PSPCL signs PPAs for 40 MW biomass plants

Dec 6, 2012 - The Punjab State Power Corporation Ltd (PSPCL) said Tuesday it had signed power purchase agreements to buy the electricity produced at two biomass plants with capacity of 20 MW each.

The first of the two 20-year PPAs was signed for the electricity generated at Rana Sugars’ (BOM:507490) plant at Butter Sevian village, in the Amritsar district.

The second deal was signed with AB Sugars for the electricity produced at its plant in Randhawa village in the Hoshiarpur district.

(INR 10 = USD 0.185/EUR 0.142)

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