NLC India signs PPA with GRIDCO for 800 MW

NLC India Limited (NLCIL) has signed a power purchase agreement (PPA) with GRIDCO Limited for 400 MW in Stage-1 and 400 MW in Stage-2 of NLCIL’s proposed Neyveli Talabira super critical thermal power station (NTTPP) in Odisha.

With this agreement, NLCIL has tied up its full capacity of 2,400 MW of Neyveli talabira super critical thermal power station Stage-I. NLCIL has already signed a similar agreement in the past with Tamil Nadu, Kerala and Pondicherry for 1,500 MW, 400 MW, and 100 MW power supply respectively from Neyveli Talabira super critical thermal power station Stage-I and in the second phase of 1×800 MW capacity of NTTPP, 400 MW is tied up now with GRIDCO Odisha.