The Tamil Nadu Generation and Distribution Company (TANGEDCO) is in talks with private power producers to extend current medium-term power purchase agreements by two years with a tariff of 4 cents per unit, down from the current rate of up to 7 cents per unit. TANGEDCO is in talks with Jindal Power, Adani Enterprises, and National Energy Trading and Services Ltd for a total capacity of 500 megawatts (MW).

Source: The Hindu Go to