Renewal of KSEB-BKPL power purchase deal stuck
A proposal to renew the power purchase agreement (PPA) between Kerala State Electricity Board (KSEB) and privately-run power plant BSES Kochi Pvt Ltd (BKPL) is stuck, with the two entities disagreeing on key issues, including the price of electricity. Meanwhile, on Wednesday, power sector trade unions and organisations representing the public stridently opposed the renewal at a hearing held by the State Electricity Regulatory Commission. The KSEB informed the commission that it cannot file a draft PPA as it had differences of opinion with BKPL on at least eight points, including fixed charges and land lease charges. BKPL, on its part, wanted the regulatory commission to fix the price and allow an interim extension of two years on a 15-year .....