NVVN SIGNs PPA WITH KSEB FOR 300 MW POWER FOR THREE YEARS
19th Jul, 2013
NTPC Vidyut Vyapar Nigam Limited (NVVN), wholly owned subsidiary of NTPC Limited, has entered into Power Purchase Agreement with Kerala State Electricity Board (KSEB) for Supply of 300 MW Round the Clock (RTC) power for period of 3 years starting from 1st March 2014. PPA was signed by Shri N.K.Sharma, CEO, NVVN and Shri D. Dinesh, CE, Commercial, KSEB in the august presence of Shri Aryadan Muhammed Hon’ble Minister for Power and Transport, Govt. of Kerala last night in Thiruvanthapuram. The PPA envisages supply of over 7 Billion units power sourced by NVVN from Chhattisgarh during this contract period. The Contract has been bagged by NVVN, through a competitive bidding process conducted by KSEB.
Shri K.M. Chandrasekhar, Vice Chairman, Kerala State Planning Board, Smt. Nivedita P Haran, Addl Chief Secretary(Power, Labour and Rehabilitation) Govt of Kerala, Shri M Sivasankar, Chairman, KSEB, Smt. Annamma John, Member (Generation), KSEB, Shri A.K. Maggu , GM,NVVN and other dignitaries of KSEB ,NTPC and NVVN Limited were also present on the occasion.
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