NTPC invites EoIs from discoms to purchase electricity
POWER & RENEWABLE ENERGY

NTPC invites EoIs from discoms to purchase electricity

The National Thermal Power Corporation (NTPC) has invited expressions of interest (EoIs) from electricity distribution companies (discoms) and industries to acquire electricity from its spare generation capacity.

NTPC provides power directly to discoms, often under long-term power purchase agreements (PPAs). Its company's first time proposing to sell power to corporates and industrial users based on an open-access.

At present, every 52,000 megawatts (MW) working capacity and 15,000 MW of under-construction coal-based stations of NTPC are bound with certain power off-take agreements.

Before the January 2011 deadline in the three months for shifting to a competitive bidding administration, the company entered PPAs for 40,840 MW of its capacities, based on a cost-plus with 37 state-run discoms.

The development follows the Central Electricity Regulatory Commission permitting one of the discoms of Delhi, BSES, to address the power ministry to deallocate 621 MW of electricity supply from the Dadri-I generating station of NTPC.

The government has directed that discoms stop purchasing power from plants older than 25 years, and the Dadri-1 unit is one of them.

Recently, Rajasthan has also decided to stop acquiring electricity from the 410 MW Anta gas plant of NTPC, which is over 25 years old.

NTPC plans to have a 60,000-MW green power generation base by 2032 compared to the 1,400 MW currently and the coming renewables capacity, which is not bound with PPAs.

NTPC is even giving power purchase portfolio management services for corporate and industrial entities, showing its plan to expand the emerging businesses and markets over the power value chain from being a traditional pure-play electricity manufacturer.

Image Source


Also read: NTPC Invites bids for 500 MW grid-connected solar projects

Also read: NTPC bags 325 MW solar power project in Madhya Pradesh

The National Thermal Power Corporation (NTPC) has invited expressions of interest (EoIs) from electricity distribution companies (discoms) and industries to acquire electricity from its spare generation capacity. NTPC provides power directly to discoms, often under long-term power purchase agreements (PPAs). Its company's first time proposing to sell power to corporates and industrial users based on an open-access. At present, every 52,000 megawatts (MW) working capacity and 15,000 MW of under-construction coal-based stations of NTPC are bound with certain power off-take agreements. Before the January 2011 deadline in the three months for shifting to a competitive bidding administration, the company entered PPAs for 40,840 MW of its capacities, based on a cost-plus with 37 state-run discoms. The development follows the Central Electricity Regulatory Commission permitting one of the discoms of Delhi, BSES, to address the power ministry to deallocate 621 MW of electricity supply from the Dadri-I generating station of NTPC. The government has directed that discoms stop purchasing power from plants older than 25 years, and the Dadri-1 unit is one of them. Recently, Rajasthan has also decided to stop acquiring electricity from the 410 MW Anta gas plant of NTPC, which is over 25 years old. NTPC plans to have a 60,000-MW green power generation base by 2032 compared to the 1,400 MW currently and the coming renewables capacity, which is not bound with PPAs. NTPC is even giving power purchase portfolio management services for corporate and industrial entities, showing its plan to expand the emerging businesses and markets over the power value chain from being a traditional pure-play electricity manufacturer. Image Source Also read: NTPC Invites bids for 500 MW grid-connected solar projects Also read: NTPC bags 325 MW solar power project in Madhya Pradesh

Next Story
Infrastructure Energy

NTPC Signs $11.5 Billion Clean Energy Deals in Chhattisgarh

Juniper Green Energy has successfully commissioned a 100-MW solar power project aimed at supplying electricity to Bhutan, marking a significant milestone in regional energy integration. According to the company's statement, the project facilitates a crucial cross-border agreement allowing Bhutan to receive 50% of the power generated during the winter months. This arrangement permits Bhutan to directly import power from an Indian generator under an established bilateral trade framework. Located in Rajasthan, the solar project contributes a total generation capacity of 100 MW. Highlighting the..

Next Story
Infrastructure Energy

Juniper Green Commissions 100-MW Solar Project for Bhutan

The New Delhi Municipal Council (NDMC) held its first council meeting since the Delhi Assembly polls focusing on a comprehensive Summer Action Plan aimed at achieving 100% solar energy adoption by 2026. The meeting, led by MP Bansuri Swaraj, began with the swearing-in of three new NDMC members — Delhi Minister and New Delhi MLA Parvesh Sahib Singh, Delhi Cantt. MLA Virender Singh Kadian, and Ravi Kumar Arora, Additional Secretary of the Ministry of Housing and Urban Affairs. Solar Energy Push NDMC Vice Chairman Kuljeet Singh Chahal announced the civic body's ambitious solar energy plans, ..

Next Story
Infrastructure Energy

NDMC Pushes for 100% Solar Energy by 2026

Mumbai-based energy storage startup AmpereHour Energy has raised $5 million from Avaana Capital, with participation from UC Impower and other angel investors. Founded in 2017 by IIT Bombay alumni, AmpereHour Energy focuses on building AI/ML-enabled Energy Storage Systems ranging from kW/kWh scale systems for Mini-grids to MW/MWh scale systems compatible with solar PV and wind plants. The systems are designed to be plug-and-play, integrated with the company’s proprietary Energy Management platform, Elina. The fresh capital will be directed towards expanding manufacturing and software capabi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?