NLC India Limited signs PPA with GRIDCO Limited

NEW DELHI: The Neyveli Lignite Corporation India Limited (NLCIL) signed a power purchase agreement with Grid Corporation of Odisha (GRIDCO) Limited for 800MW (400MW for Stage-1 and 400 MW for Stage-2).

With this agreement, NLCIL has achieved full capacity of 2400 MW for its Talabira Super Thermal Power Station Stage-I.

The PPA was signed in the presence of M Prasanna Kumar, chairman & managing director (CMD), NLC India Ltd and Trilochan Panda, managing director, GRIDCO Limited. Gagan Bihari Swain, director (F&CA), GRIDCO Limited, was also present on the occasion.

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 Talabira Super Thermal Power station Stage-I.

For the second phase 1x800MW plant of NTTPP, 400MW was finalised with GRIDCO today.

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