Any ideas on this at all? Both have a PPA end date in 2022. The first unit will be 25 years old then so it makes sense it will be handed back to the Indo government. The second unit will only be ~10 years old at that point.
With the farcical delays on the other projects (PH CCGT has actually gone backwards as last year we were told the independent 66kV line was the solution - we are now examining four options) these dates are actually becoming important as the Gilmore gas plant is now a stranded asset. The company could be left with no revenue generating assets in 4/5 years. This is not a long time horizon in infrastructure investment.
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Any ideas on this at all? Both have a PPA end date in 2022. The...
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