Reliance Power terminated the PPA for Talaiya UMPP entered into with 18 procurers, vide notice dated 28 April 2016. The PPA termination was due to prolonged delay in fulfilment of the procurers' development period obligation in respect of land for power plant and coal mine for more than 5 and half years.
The Company will submit a detailed response to the new show cause notice to Ministry of Coal in due course.