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NTPC’s arm inks PPA with Bangladesh Power Development Board

20 Mar 2012 Evaluate

NTPC Vidyut Vyapar Nigam (NVVN), a wholly owned subsidiary of NTPC has inked a power purchase agreement (PPA) with Bangladesh Power Development Board (BPDB) in New Delhi which marks the beginning of Energy Cooperation (Electricity) between the two nations. A total of 250 MW of power will be exported to Bangladesh out of the unallocated quota of power available with the Ministry of Power, Government of India.

The PPA for supply of 250 MW to Bangladesh was signed in August in the presence of Secretary (Power), Government of India, Secretary (Power), Government of Bangladesh, CMD, NTPC and Chairman, BPDB and senior officials of Ministry of Power and both the orgnaisations.

This is a landmark event for both India and Bangladesh marking the beginning of Energy Cooperation (Electricity) between the two nations.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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