NLCIL Signs Power Purchase Agreement With GRIDCO-Odisha
Bhubaneswar: The NLC India Limited (NLCIL) under the Ministry of Coal has signed a Power Purchase Agreement (PPA) with GRIDCO Limited, Bhubaneswar for 400 MW in Stage-1 and 400 MW in Stage-2 of NLCIL’s proposed Neyveli Talabira Super Critical Thermal Power Station (NTTPP) in Odisha.
With this agreement, NLCIL has tied up its full capacity of 2400 MW of Neyveli Talabira Super Critical Thermal Power Station Stage-I.
The agreement was signed by M Venkatachalam, Director/Power, NLC India Limited and Umakanta Sahoo, Director (T&BD), GRIDCO Limited. 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 were present.
Earlier, the NLCIL has already signed similar agreement with Tamil Nadu, Kerala and Pondicherry for 1,500 MW, 400 MW, and 100 MW power supply respectively from Neyveli Talabira Super Critical Thermal Power station Stage-I. In the second phase of 1×800 MW capacity of NTTPP, 400 MW is now tied up with GRIDCO Odisha.