On the back of surplus power state, NTPC signs agreement to sell 160 mw power to Nepal from Jan-May 2017

NVVN is the only government company in the power sector engaged in the business of power trading. The power will be supplied through the Muzaffarpur-Dhalkebar transmission line.

On the back of surplus power state, NTPC signs agreement to sell 160 mw power to Nepal from Jan-May 2017

By Team EnergyInfraPost

India’s largest power generating company, NTPC Lt’d wholly owned arm—NTPC Vidyut Vyapar Nigam Limited (NVVN) has signed Power Purchase Agreement(PPA) with Nepal Electricity Authority (NEA) for supply of up to 160 MW power for the period January 2017 to May 2017.

Agreement was signed in New Delhi between NVVN  and NEA by Arun Kumar Garg, CEO NVVN and Kul Man Ghising Managing Director, NEA . NVVN is the only government company in the power sector engaged in the business of power trading

The power will be supplied through the Muzaffarpur-Dhalkebar transmission line, NTPC said in a statement.

Meanwhile in yet another major development, NTPC kept its tag intact of being India’s largest power generating firm and crossed the 48000 mw installed capacity mark after commissioning of the 800 MW unit at Kudgi Super Thermal Power Station in Karnataka.

This is the first 800 MW Unit commissioned by NTPC. Company has 19 coal based, 7 gas based, 9 solar PV, one Hydro and 9 Subsidiaries / Joint Venture power stations.

NTPC said its total installed capacity has risen to 48028 MW. The company has capacity of over 23,000 MW  under implementation at 23 locations across the country including 4300 MW being undertaken by joint venture and subsidiary companies.

NTPC is playing a major role in meeting the power needs of the country and contributing to its economic and social development contributing nearly 24 % of country’s generation. NTPC has a vision to be the world’s leading power company, energizing India’s growth and plans to become 130GW company by 2032.

 

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