PPA signed for NTPC- Korba stage III
NTPC Ltd has signed a Power Purchase Agreement (PPA) with Chhattisgarh State Power Distribution Company Ltd (CSPDCL) for supply of power from its Korba Super Thermal Power Station stage III (500 MW). NTPC is India’s largest power utility with an installed capacity of 30644 MW through 15 coal based, 7 gas based and 4 Joint Venture power stations.
With nearly 19% of the installed capacity, NTPC generated 206.93 Billion Units (BUs) electricity in 2008-09, which is about 30% of electricity produced in the country. NTPC’s coal stations recorded PLF of 91.14% (National PLF 77.19%) and an all time high Availability Factor of 92.47% in the year 2008-09.
NTPC plans to become a 50,000 MW company by 2012 and a 75,000 MW plus company by 2017.