Home
Fight Corruption
Law and Order
Parliament
Power
CBI News
Consumers
Aviation
Banking
Industry
Telecom
PSU News
 
Directory
Prez, PM, Cabinet and MoS Independent
Chief Ministers of States
Page last updated at 11:32:55 IST, Tuesday, 28 December 2010 News Feeds ::
E-mail this to a friend Printable version Follow merisarkar on Twitter Bookmark and Share
NTPC enters into Power Purchase Agreement with GRIDCO
merisarkar news service
New Delhi, December 27, 2010
 
NTPC-GRIDCO-PPA-Agreement.jpg
Orissa to get power from NTPC
NTPC on Monday has signed 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. This agreement also envisages sale of electricity to GRIDCO from NTPC's plant located at Katwa in West Bengal and Pirpainti and Muzaffarpur Stage II in Bihar. These plants will be commissioned during the 12th plan period. PPA for Farakka Stage III in West Bengal has also been signed. The project is to be commissioned in the current fiscal.

The agreement was signed by VK Padha, General Manager (Commercial) and D Bhattacharya, CEO, KBUNL on behalf of NTPC and AC Mallick, Director, Commercial on behalf of GRIDCO in presence of Atanu Sabyasachi Nayak, Energy Minister of Orissa, PK Jena, Commissioner-cum-Secretary of Deptt. of Energy, Government of Orissa, H. Sharma, Managing Director, GRIDCO and Inderjit Kapoor, Director(Commercial) and KK Sharma, Regional Executive Director (East II) of NTPC.

Darlipali (3200 Megawtt), Talcher Thermal Expansion (1320 Megawtt), Katwa (1600 Megawtt), Pirpainti (1320 Megawtt) and Farakka Stage III (500 Megawtt) 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 produced at these projects.

NTPC said in a statement, "The Company has also undertaken a series of community development programmes in the region under its CSR Policy. These included health care at the doorsteps of the people, drinking water in the vicinity villages and provision of supply of electricity in 5 km radius areas of its power projects/stations."

The company has also planned to set up a Medical College in Orissa.
 
MORE RELATED NEWS
  NHPC Q2 net profit increases by 11.92% to Rs. 690.18 crore
  NMDC Ltd and Severstal of Russia sign MoU for setting up a steel plant in Karnataka
  NN Misra takes over as Director Operations, NTPC
  NTPC and BPDB to cooperate in Power Sector
  NTPC appoints 10 new Exec Directors
  NTPC Bags Scope Gold Award for HR Management for 2008-09
  NTPC becomes 33000 Megawatt plus Company
  NTPC board approves coal mine investment proposal
  NTPC CMD Arup Roy Choudhury gets SCOPE Excellance Award
  NTPC formally gets Maharatna PSU Certificate
  NTPC joins hand with Railways to set up power plant in West Bengal
  NTPC pays the highest ever Interim Dividend to Government of India
  NTPC Projects and Director (Technical) receive Enertia awards
  NTPC ranked No. 1 Independent Power Producer in Asia by Platts
  NTPC scouting for coal blocks in Australia
  NTPC signs JV Agreement for Renewable Energy
  NTPC signs loan agreement with Bank of Tokyo-Mitsubishi UFJ
  NTPC synchronizes new 500 Megawatt Unit of Korba plant with the Grid
  NTPC targeting to have PPAs for 75000 MW before January 2011
  NTPC to borrow US$ 3.4 billion for capital expenditure
  NTPC to create sustainable real value from the long-term demand for electricity: CMD NTPC
  NTPC to start Rs 1,000 Cr expansion project of Bongaigaon power plant
  NTPC wins PSU Excellence Award
  NTPC's Electricity trading company NVVN to enter PPA with 37 Solar Developers
  NTPC's Electricity trading company NVVN to sign PPAs with 37 Solar Developers
  NTPC's Generation up by 3.75% during 2nd Quarter
  NTPC's Installed Capacity Increases to 32,694 Megawatt
  NTPC's Korba and Rihand are top Performing stations
  NTPC's Vindhyachal unit wins national award on Economics of Quality
  NTPC-TERI join hands for development of Carbon mitigation techniques using Micro Algae
  NTPC?s Vindhyachal unit wins national award on Economics of Quality
TOP STORIES
 
POLL
Every nation has a right to defend itself. However, do you support massive bombing by Israel of Gaza in the name of defeating Hamas?
Yes   No
 
 

Copyright © : 2009 Meri Sarkar. New Delhi, India.