NHPC appointed aggregator for Pilot Scheme II

PFC Consultancy Limited has appointed NHPC Limited as an aggregator for Pilot Scheme II. The scheme is aimed at facilitating power procurement for three years from coal-based power plants that have already been commissioned and do not have PPAs. A tariff of Rs 4.41 per kWh was discovered under this scheme through e-reverse auction. Under the scheme, NHPC is expected to tie up power by September 30, 2019. It will make efforts to tie up the entire 2,500 MW of power.