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NTPC’s trading arm starts supply of solar generated power

14 Nov 2011 Evaluate

NTPC’s trading arm NTPC Vidyut Vyapar Nigam has commenced bundled power supply starting from October, combining energy produced from solar photovoltaic with those produced from conventional thermal sources. With this move, solar power will be affordable for the buying utilities, which have to meet their renewable purchase obligations.

Supply of bundled power has begun to the distribution companies of the buying states - Rajasthan, Maharashtra, and Punjab. 41 MW of solar photovoltaic capacity under Jawaharlal Nehru National Solar Mission migration scheme has been commissioned. The trading arm of NTPC has commenced buying solar power generated from them, which has been grid connected and commissioned.

NTPC Vidyut Vyapar had inked power purchase agreements with 16 solar project developers (both thermal and photovoltaic) for 84 MW. Out of which, solar power produced from photovoltaic projects is expected to be 54 MW and thermal 30 MW.

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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