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NHPC signs power sale agreement with MPPMCL

31 Aug 2020 Evaluate

NHPC has signed a Power Sale Agreement (PSA) with Madhya Pradesh Power Management Company (MPPMCL) for procurement of 1000 MW Solar Power at the tariff of Rs. 2.55/kWh on August 28, 2020 at Bhopal (MP) for 25 years on long term basis. NHPC shall earn trading margin at Rs 0.07/kWh during the contract period.

NHPC is India's premier hydropower company.

Peers
Company Name CMP
NTPC 317.00
Tata Power 345.00
Adani Power 196.60
Power Grid Corpn. 253.40
Adani Energy Solut. 1320.00
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