Lanco to supply 300 MW power to distribution companies in MP

Lanco to supply 300 MW power to distribution companies in MP
Lanco Infratech Limited, one of the leading integrated infrastructure companies, has achieved a breakthrough in long-term sale of 300-MW power from its unit 1 of Lanco Amarkantak Thermal Power Station. Madhya Pradesh Electricity Regulatory Commission (MPERC) had approved the procurement process and price for long-term power procurement by Madhya Pradesh from Power Trading Corporation (PTC) to be sourced from Lanco Amarkantak Thermal Power Station.
This is Lanco Group’s first domestic coal-based plant, using coal from nearby mines of South Eastern Coalfields Limited (SECL). Power supply to Madhya Pradesh from the plant could not commence due to certain disputes in the Power Purchase Agreement (PPA) signed in 2005. The longstanding imbroglio has been recently resolved with MP Power Management Company (MPPMC) (representing the state discoms), PTC and Lanco.
“We are pleased to be entrusted with the supply of power to distribution companies in Madhya Pradesh from Lanco Amarkantak Thermal Power Station which is operating 2×300 MW power plant,” L. Madhusudhan Rao, Chairman, LITL, said on the occasion. “The revised PPA benefits Madhya Pradesh with supply of 300-MW of power on a long-term basis at one of the lowest tariffs in the region determined as per CERC Regulations. We are sure that this will ensure the state uninterrupted power supply and look forward to a long, mutually beneficial relationship.”

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Lanco to supply 300 MW power to distribution companies in MP

Lanco to supply 300 MW power to distribution companies in MP
Lanco Infratech Limited, one of the leading integrated infrastructure companies, has achieved a breakthrough in long-term sale of 300-MW power from its unit 1 of Lanco Amarkantak Thermal Power Station. Madhya Pradesh Electricity Regulatory Commission (MPERC) had approved the procurement process and price for long-term power procurement by Madhya Pradesh from Power Trading Corporation (PTC) to be sourced from Lanco Amarkantak Thermal Power Station.
This is Lanco Group’s first domestic coal-based plant, using coal from nearby mines of South Eastern Coalfields Limited (SECL). Power supply to Madhya Pradesh from the plant could not commence due to certain disputes in the Power Purchase Agreement (PPA) signed in 2005. The longstanding imbroglio has been recently resolved with MP Power Management Company (MPPMC) (representing the state discoms), PTC and Lanco.
“We are pleased to be entrusted with the supply of power to distribution companies in Madhya Pradesh from Lanco Amarkantak Thermal Power Station which is operating 2×300 MW power plant,” L. Madhusudhan Rao, Chairman, LITL, said on the occasion. “The revised PPA benefits Madhya Pradesh with supply of 300-MW of power on a long-term basis at one of the lowest tariffs in the region determined as per CERC Regulations. We are sure that this will ensure the state uninterrupted power supply and look forward to a long, mutually beneficial relationship.”

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