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Punjab Government to renegotiate pacts on renewable energy


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The Punjab Government will be renegotiating the power purchase agreements (PPAs) made with 117 companies generating electricity from renewable energy sources. File photo
Ruchika M Khanna
Chandigarh, July 22
The Punjab Government will be renegotiating the power purchase agreements (PPAs) made with 117 companies generating electricity from renewable energy sources. The state plans to reduce the charges paid to them by Re 1 per unit.
A decision to this effect was taken in a meeting between the Chief Minister’s Office (CMO) and Power Department officials here today. The power officials have been told to convene a meeting with all those producing renewable energy for the state and renegotiate and reduce the charges paid to them, on the same lines as has been done by the Uttar Pradesh Government. The charges paid to private power producers in UP have been reduced by Rs 0.75 per unit. ....

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Capt tells 'Invest Punjab' to work out model for incentives on case-to-case basis


Capt tells ‘Invest Punjab’ to work out model for incentives on case-to-case basis
HT Correspondent, Chandigarh
© Provided by Hindustan Times
The CM said he hopes that by the end of December 2021, Invest Punjab achieves a milestone of ₹1 lakh crore in investments. (Getty Images/iStockphoto)
Chief minister (CM) Capt Amarinder Singh on Monday asked the Punjab Bureau of Investment Promotion (PBIP), also known as ‘Invest Punjab’, to work out a model where incentives for industry can be given on a case-to-case basis.
Chairing the third meeting of the board of governors of PBIP through video conferencing, the CM said the anti-red tape legislation, recently passed in the state, was aimed at making government procedures investor friendly. ....

United States , United Kingdom , India General , New Zealand , South Korea , Bhavdeep Sardana , Pankaj Munjal , Manpreet Singh Badal , Rajat Agrawal , Sachit Jain , Punjab Bureau Of Investment Promotion , Japanese Company Yamaha , Vardhman Group , Hero Group , Invest Punjab , Hindustan Times The , Capt Amarinder Singh , Punjab Bureau , Investment Promotion , Hi Tech Cycle , Vardhman Steels , Goindwal Sahib , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , இந்தியா ஜநரல் , புதியது ஜீலாந்து ,