Business · Companies · 6 hrs ago

Private power firms seek protection from transmission project delays

Private power firms seek protection from transmission project delays

Private power transmission developers are seeking protection from project delays in India.

The Electric Power Transmission Association made the request to Power Secretary Pankaj Agarwal.

It wants changes to the rules for inter-state transmission projects awarded through competitive bidding.

The proposed relief includes full tariff recovery, protection from penalties and a deemed commercial operation date when other infrastructure is not ready.

Projects can depend on separately developed lines, substations and other connected equipment being completed on time.

The association says delays beyond a developer’s control can add costs, and it is asking the Ministry of Power to strengthen the obligations of Central Transmission Utility of India Ltd.

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