PTC India signs PPA for 115 MW of power supply from VS Lignite Power

PTC India Limited has inked a long-term power purchase agreement with VS Lignite Power Private Limited for 115 MW of power supply.

VS Lignite operates a 135 MW lignite-fired power plant in Bikaner, Rajasthan. The power plant sources fuel from a captive lignite mine near the project. The company is presently selling power to various discoms through short-term power sale agreements. PTC plans to explore various opportunities to sell this power to state utilities under long-term, medium-term and short-term power sale arrangements.