Reliance Power applies for hike in Sasan tariff on higher overheads
The Madhya Pradesh Power Management Company Ltd and thirteen other distribution companies from UP, Rajasthan, Punjab, Delhi, Haryana and Uttarakhand were to get power from the project. Reliance Power was declared successful bidder for the project in Singrauli district in Madhya Pradesh and a letter of intent (LoI) was issued to it on August 1, 2007. On August 7, 2007, a Power Purchase Agreement (PPA) was executed between the Petitioner and the 14 procurers.
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