NTPC signs PPA with GRIDCO
NTPC have signed a Power Purchase Agreements (PPA) with GRIDCO Limited of Orissa for sale of power from its proposed projects at Darlipali and Talcher Thermal Expansion in Orissa; Katwa in West Bengal; and Pirpainti and Muzaffarpur Stage II in Bihar to be commissioned during the 12th plan period. The PPA for Farakka Stage III in West Bengal has also been signed which will be commissioned in the current fiscal.
Darlipali (3200 MW); Talcher Thermal Expansion (1320 MW); Katwa (1600 MW); Pirpainti (1320 MW) and Farakka Stage III (500 MW) are being developed by NTPC, while Muzaffarpur Stage II (2 x 195 MW) is being implemented by subsidiary company of NTPC in JV with Bihar State Electricity Board. Eastern Region states will be beneficiary of entire power from these projects.