Dabhol to supply power to IR at Rs 5.5 per kWh

IR has agreed to continue to purchase 500 MW of power from Ratnagiri Gas and Power Private Limited’s (RGPPL) gas-based Dabhol power plant at a rate of Rs 5.50 per kWh starting April 1, 2017, for five years. Earlier, there was a disagreement between RGPPL and IR over a pricing issue, which has since been resolved. Further, GAIL (India) Limited will supply gas to the project at a fixed price for five years.

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