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Project: NLC signs Power Agreement with GRIDCO for 800MW

Fiinews by Fiinews
October 1, 2023
in Projects
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Power Purchase agreement celebrations by NLC India and GRIDCO.

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2,400 MW of Neyveli Talabira Super Critical Thermal Power Station tied up

NLC India Limited (NLCIL), under the Ministry of Coal, and GRIDCO Limited have signed a Power Purchase Agreement (PPA) in Bhubaneswar, for supply of 400MW in Stage-1 and 400 MW in Stage-2 from NLCIL’s proposed Neyveli Talabira Super Critical Thermal Power Station (NTTPP) in Odisha.

With this agreement, NLCIL has tied up its full capacity of 2,400 MW of Neyveli Talabira Super Critical Thermal Power Station Stage-I, the Ministry said on 29 Sept 2023.

The agreement was signed in the presence of M. Prasanna Kumar Motupalli, Chairman & Managing Director (CMD), NLC India Ltd and Trilochan Panda, Managing Director, GRIDCO Limited and Gagan Bihari Swain, Director (F&CA), GRIDCO Limited. The Power Purchase Agreement was signed by M Venkatachalam, Director/Power, NLC India Limited and Umakanta Sahoo, Director (T&BD), GRIDCO Limited.

NLCIL has already signed similar agreements in the past with Tamil Nadu, Kerala and Pondicherry for 1,500 MW, 400 MW, and 100 MW power supply respectively from NTTPP Stage-I. Fiinews.com

Tags: Ministry of Coal
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