TANGEDCO signs PPA for 2,900 MW of power

Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has signed power procurement agreements (PPAs) for the procurement of 2,900 MW of electricitywith NLC India Limited, Solar Energy Corporation of India Limited (SECI) and PTC India Limited.

The agreement includes supply of 1,500 MW of electricity fromNLC’s3×800 MW coal based power plant atTalabira (Odisha) which is estimated to be operational in 2026-27.The tariff has been fixed at Rs 3.06 per unit. The PPAwith SECI for 1,000 MW has been signed under the manufacturing linked inter-state transmission scheme (ISTS) at a tariff of Rs 2.61 per unit and the power supply is expected tostart from end of 2022-23.The medium term agreement with PTC is for the supply of 400 MW of power at Rs 3.26 per unit, valid for three years.