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NLC India inks PPA with GRIDCO

29 Sep 2023 Evaluate

NLC India has signed a Power Purchase Agreement (PPA) with GRIDCO in Bhubaneswar, Odisha for 400MW in Stage-1 and 400 MW in Stage-2 of the company's proposed Neyveli Talabira Super Critical Thermal Power Station (NTTPP) in Odisha. With this agreement, the company has tied up its full capacity of 2400 MW of Neyveli Talabira Super Critical Thermal Power Station Stage-1. 

The company has already signed a similar agreement in the past with Tamil Nadu, Kerala and Pondicherry for 1,500 MW, 400 MW, and 100 MW power supply respectively from Neyveli Talabira Super Critical Thermal Power station Stage-I and in the second phase of 1x800 MW capacity of NTTPP, 400MW is tied up now with GRIDCO Odisha on September 28, 2023. 

NLC India is engaged in the business of lignite mining and power generation.


NLC India Share Price

313.75 -1.25 (-0.40%)
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