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Goa to stop buying Reliance power

Posted on Feb 01, 02:14PM | IBNS

By John Edwards, Panaji, Feb 1 : The Goa government has decided to stop buying power from the 'expensive' Reliance Power Plant (RPP) from the next financial year even as the purchase agreement is coming up for appraisal on August 13, 2013. "Before it is brought for review, we will stop buying power because the tariff charged by them is expensive," Chief Minister Manohar Parrikar told the legislative assembly on the last day of its winter session on Friday.

He assured the government will find alternatives for the industrial units that buy power directly from the RPP.

Earlier, Power Minister Milind Naik, in a written reply, said that as per the provisions of the power purchase agreement and subsequent agreements, Goa government is required to purchase 19.8 MW out of 48 MW generated by the plant.

He said that RPP is allowed to sell the balance power from 48MW to the consumers directly approved by the government as per the provisions of the purchase agreement.

(Reporting )