A targeted framework for reduction of short-term power purchases.

As per the incentive package, State Electricity Boards (SEBs) taking part in the restructuring, have to cut down their short-term power purchases by 5-10% year on year, taking 2011-12 as the reference year.
The cost of short-term power purchase was being seen as one of the major reasons behind the deterioration of financial health of the SEBs. Hence, the power ministry agreed for the introduction of a framework for capping it. The planned reduction in the short-term power purchases will

http://projectfinancetoday.com/?p=900