Latest News

MP will get Nuclear Power at Rs 2.289 per unit from Gujarat

Madhya Pradesh Power Management Company Ltd (MPPMCL) inks a power purchase agreement with Nuclear Power Corporation of India for the supply of 93-megawatt power at Rs 2.289 per unit from the Kakrapar Atomic Power Station (KAPS), Gujarat

PSU Watch Bureau

New Delhi: Madhya Pradesh Power Management Company Ltd (MPPMCL) on Thursday inked a fresh power purchase agreement with Nuclear Power Corporation of India for the supply of 93-megawatt power for the next 15 years, an official said. Under the agreement, Madhya Pradesh will get nuclear power at Rs 2.289 per unit from the Kakrapar Atomic Power Station (KAPS) near Surat in Gujarat, he added.

"The MP Power Management Company has signed a fresh power purchase agreement with the Nuclear Power Corporation of India for the supply of 93 MW power for the next 15 years," News agency PTI reported quoting MPPMCL's chief general manager Pramod Chowdhary.

Due to the low tariff of power available from KAPS, a fresh agreement was signed to continue the supply, as the old agreement signed 15 years ago ended in 2020, he said.

Presently, the state gets 273 MW of power from different nuclear power plants, he added.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated)

CAG exposes critical flaws in MeitY skill schemes: Multiple enrolments, low placements, data gaps

West Asia crisis: As OMCs bleed cash, windfall tax on ATF, diesel exports do not apply to Reliance's SEZ refinery

NALCO posts record production, sales surpassing 40-year history

CAG raps India Post Payments Bank: Unverified accounts, 362-Hour UPI outages exposed

Captive, commercial coal output rises 10.22% to 210.46 MT in FY26; despatch up 7.35%