State-run power generation utility, NTPC’s wholly owned subsidiary - NTPC Vidyut Vyapar Nigam (NVVN), has entered into a Power Purchase Agreement (PPA) with Kerala State Electricity Board (KSEB) on July 18, 2013. The PPA is for supply of 300 MW Round the Clock (RTC) power for a period of three years starting from March 01, 2014.
The PPA envisages supply of over seven billion unit power sourced by NVVN from Chhattisgarh during this contract period. The contract has been bagged by NVVN, through a competitive bidding process conducted by KSEB.
NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.
