PSUs

NLCIL signs PPA with GRIDCO for 800MW

By IndianMandarins- 29 Sep 2023
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nlcil-signs-ppa-with-gridco-for-800mw

New Delhi (29.09.2023): NLC India Ltd (NLCIL) and GRIDCO Ltd signed a Power Purchase Agreement (PPA) with GRIDCO Limited, Bhubaneswar for 400MW 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.
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 a similar agreement in the past 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 and in the second phase of 1x800 MWcapacity of NTTPP, 400MW is tied up now with GRIDCO Odisha.

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