MPPMCL, UPPCL sign MoU for 2,000 MW peak power procurement and banking
Madhya Pradesh Power Management Company Ltd (MPPMCL) and Uttar Pradesh Power Corporation Ltd (UPPCL) have signed a Memorandum of Understanding (MoU) to establish a framework for 2,000 MW of peak power procurement and medium-term power banking. The arrangement is based on the contrasting seasonal electricity demand patterns of Madhya Pradesh and Uttar Pradesh. Madhya Pradesh…