Akhilesh Government signed PPA with Ratul Puri’s HPPPL along with a few more power giants

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Ratul Puri of HPPPL specified that these plants will supply up to 5,056 megawatts of power to the state.

Ratul Puri of HPPPL specified that these plants will supply up to 5,056 megawatts of power to the state.

There have been times when Government enters an agreement by signing a deal with the private firms which is a beneficial deal for the latter one rather than the public, but the UP government recently took a step for the benefit of its people and to fulfill the promise of “22 hours a day electricity to rural and 24 hours a day electricity to urban areas”, that Akhilesh Yadav made during last poll elections.

The Uttar Pradesh Government recently signed a power deal with power producers and providers at the rate of at Rs 5.1 per unit. This long-term power plant agreement has been signed between UP Government and thriving power plants like Hindustan Powerprojects Pvt Ltd at Rs 4.7 for each unit, Bajaj Hindusthan at Rs 4.71 per unit and Harduaganj at Rs 5.1 a unit. Ratul Puri of HPPPL specified that these plants will supply up to 5,056 megawatts of power to the state.
A Senior Executive at one of the aforementioned power exchanges mentioned that there is a scope of making savings to the tune of Rs 1.5 a unit, which can increase even further in the night. UP can not only easily meet its power shortages, but can also procure power for their daily demand in a cost-effective manner.
While highlighting the data provided by Central Electricity Authority Ratul Puri mentioned that UP suffered from supply deficit 13% during the October last year, which is one of the highest in the country. Ratul Puri is optimistic with the State’s power requirements in times to come. Be it public sector or private, HPPPL is ready to cater the needs.
Akhilesh Yadav is all set for next year’s UP Assembly Elections and leaving no stone unturned before the same.

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Last modified: January 11, 2016

4 Responses to :
Akhilesh Government signed PPA with Ratul Puri’s HPPPL along with a few more power giants

  1. rohan says:

    As we all know that every day the price rate of electricity is went on to the skyrocketing and because of this most of the common peoples have to suffer…but I think this step of UP Government helped them in many ways.

  2. Aakash says:

    I hope that this agreement is not only beneficial for UP Government but also for HPPL as well…so that this relation will grow more in future and will be for long term.

  3. varun says:

    The promise of providing 22 hours a day electricity to rural and 24 hours a day electricity to urban areas will be great for them…as we heard massive issue concern about the electricity in UP State. HPPL is really kind that they have provided a low budget rate to the Government.

  4. Aadi says:

    In my opinion this idea of dealing with private firms is quite favourable for government and as well as for citizens of every state. This deal in which UP Government has signed will surely give some relaxation to the commom peoples.

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