New Delhi: State-run NTPC signed a Power Purchase Agreement (PPA) with Chhattisgarh State Power Distribution Company Ltd for supply of electricity.
The power will be supplied to the Chhattisgarh State Power Distribution Company Ltd (CSPDCL) from NTPC’s Korba Super Thermal Power Station Stage-III of 500 MW, a company’s press statement said today.
The PPA was singed in the presence of NTPC chairman and managing director R S Sharma and CSPDCL managing director G S Deshpande. The NTPC’s director (Commercial) I J Kapoor and general manager (Commercial) S N Goel were also present on the occasion.
NTPC is the country’s largest power utility with an installed capacity of 30,644 through 15 coal based, seven gas based and four joint venture power stations.
With nearly 19% of the installed capacity, NTPC generated 206.93 billion units electricity in 2008-09, which is about 30% of total power produced in the country.