Companies may get more time to sign PPAs under mega power policy

The move is likely to benefit at least six power plants with a total planned capacity of around 8 GW, but the capacity remaining to be tied up is around 4 GW, because PPAs have either not been signed or partially signed, according to people close to the development. The deadline for the signing of the PPAs for some projects ends in the current and next year, depending on the project and the date of import of equipment.