Goindwal Sahib PPA: Act against erring officials, say Experts

Patiala, October 30

Power experts welcomed the CM’s decision to terminate GVK Goindwal Sahib Power Purchase Agreement (PPA).

“It is good that the government has started acting. Despite paying hundreds of crores to these firms, Punjab faces power cuts during peak season. Such tough decisions were the need of the hour, especially when Punjab faced power cuts during peak paddy season and even after the season was almost over,” an expert said. “PPAs were drafted in such a manner that the government bore losses. We will now wait if any action is taken against officers who executed these PPAs,” sources said.

“Lopsided PPAs, signed on the basis of over estimation of shortage and over projecting future demands, need to be revisited,” said a former chief engineer. A Cabinet minister said now the responsibility of the “erring” officers “would be fixed”. — TNS