News > Tata, Adani Stand To Benefit As States In Negotiations For Supplementary PPAs

Tata, Adani Stand To Benefit As States In Negotiations For Supplementary PPAs

CNBC TV18 | 19/04/2022 05:13 PM | Click to read full article

Power generating companies Tata Power and Adani Power are in discussions with states for supplementary power purchase agreements (PPA) as the demand-supply gap increases amid summer.

Among the states that are having discussions with Tata Power and Adani Power are Haryana, Rajasthan, Maharashtra, Gujarat, and Punjab. A PPA is a contract between the generator of electricity and the buyer for the supply of power.