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Negotiations with independent power producers (IPPs) are being conducted so a balance along the value chain of electricity generation can be reached.
Independent power producers (IPPs) which successfully renegotiate their Power Purchase Agreements (PPAs) will be exempted from paying the windfall profit levy.
Any Independent Power Producer (IPP) which has successfully renegotiated its Power Purchase Agreements (PPAs) will be exempted from paying windfall profit levy from the date the terms of the renegotiated agreement comes into force.