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NHPC and UPPCL Sign 40-Year Power Purchase Agreement for Dulhasti Stage-II Project

Newsmantra — Fri, 26 Jun 2026 12:01:35 +0000

NEW DELHI. NHPC Limited and the Uttar Pradesh Power Corporation Limited have signed a Power Purchase Agreement in Lucknow for electricity generated by the 260 MW Dulhasti Stage-II Hydroelectric Project, located in the Kishtwar district of Jammu and Kashmir. The long-term agreement ensures a reliable supply of power to Uttar Pradesh for a period of 40 years, commencing from the project’s commercial operation date. The contract was formally signed by the General Manager of Commercial at NHPC and the Chief Engineer of PPA at UPPCL, with senior organizational officials in attendance.

UPPCL Finance Director Highlights Commercial Risk Management at Energy Regulatory Conference

Newsmantra — Tue, 16 Jun 2026 12:21:23 +0000

NEW DELHI. Shri Nidhi Kumar Narang, Director (Finance), Uttar Pradesh Power Corporation Limited (UPPCL), participated in the Mission Energy Regulatory Conference held on June 13, 2026, where she shared insights on managing commercial risks in the power sector and strategies for minimizing disputes and litigation. During her address, Narang highlighted key learnings from recent orders of the Central Electricity Regulatory Commission (CERC) and the Appellate Tribunal for Electricity (APTEL), emphasizing the importance of proactive regulatory compliance, sound contractual practices and effective risk management in ensuring financial sustainability and operational efficiency in the power sector.

SJVN signed Power Sale and Power Purchase Agreements with UPPCL and NDMC

Newsmantra — Fri, 04 Jul 2025 07:54:13 +0000

SHIMLA: SJVN has signed a Power Sale Agreement (PSA) with Uttar Pradesh Power Corporation Limited (UPPCL) for supply of power from its 900 MW Arun-III Hydro Electric Project. Concurrently, a Power Purchase Agreement (PPA) was also signed with UPPCL for supply of power from its upcoming 210 MW Luhri Stage-I and 382 MW Sunni Dam Hydro Electric Projects.

The agreements were signed in august presence of Sh. Bhupender Gupta Chairman & Managing Director (Addl. Charge) and Sh. Sushil Sharma Director (Projects) at SJVN Liaison Office, New Delhi.

On this occasion, Sh. Bhupender Gupta, CMD (Addl. Charge) said that these agreements mark significant step towards realizing SJVN’s commitment to clean energy transition and strengthening power infrastructure for urban consumers.

The PSA was signed by Sh. R.K. Gupta Chief General Manager (Power Trading), SJVN and Sh. Deepak Raizada Director (Corporate Planning), UPPCL and the PPA was signed by Sh. Ashok Kumar, General Manager (C&SO), SJVN and Sh. Deepak Raizada, Director (Corporate Planning), UPPCL.

DHFL SCAM EFFECT : UPPCL MD REMOVED

Newsmantra — Tue, 05 Nov 2019 07:16:39 +0000

The Yogi Adityanath government has removed the power secretary and managing director of the Uttar Pradesh Power Corporation Limited over the alleged employees’ provident fund (EPF) scam in the state-owned company, an official said.

The move comes after the Opposition attacked the BJP government over investments of more than Rs 2,600 crore of the UPPCL EPF in scam-hit housing finance firm DHFL.

Aparna U has been shifted to the irrigation department as secretary. M Devraj, who has returned from central deputation, will be the new power secretary and UPPCL managing director, a government spokesperson said.

The Samajwadi Party and the Congress have demanded that Power Minister Shrikant Sharma and the principal secretary of his department be dismissed. The SP also demanded a probe by a sitting high court judge into the scam.

Congress workers held a protest demonstration over the issue in Lucknow and demanded dismissal of Sharma, saying that a scam of this size cannot take place without the “connivance” of the minister.

Last Saturday, the state government had recommended a CBI probe into the matter. The state government had on Sunday claimed that the “dubious” decision was taken by the previous government headed by Akhilesh.