 Adani Power Maharashtra Ltd (APML), a subsidiary of Adani Power Ltd, desires to terminate the power purchase agreement (PPA) it signed with state-owned distribution utility Mahavitaran Ltd due to reasons beyond the company's control.
The company won't be able to use coal from the captive block allotted to it for environmental reasons. It has offered to supply power at a higher price than agreed in the PPA. The move raises questions on power supply from Adani Power's 3,300MW Tiroda power project in Gondia district and implies that the state government may be unable to meet its target of ending power cuts in Maharashtra by the close of 2012.
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