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Discoms cancel many Kusum projects over developer lapses | Jaipur News

Jaipur: State power distribution companies have cancelled multiple projects under the Kusum scheme after developers failed to sign Power Purchase Agreements (PPAs) within the stipulated timeframe.Officials said many bidders were non-serious and hoarded capacities under Kusum-A by quoting aggressively low tariffs. Unable to sell their projects in the secondary market or develop them profitably, several…

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