NLC India Ltd. on Thursday stated it has accomplished Energy Buy Agreements for its upcoming 2,400 MW Talabira Supercritical Thermal Energy Plant in Sambalpur district of Odisha.
Energy transmission firm GRIDCO Ltd. on Thursday signed the PPA to supply 800 MW of electrical energy from the 3×800 MW coal-fired plant being arrange at an funding of about Rs 19,422 crore, NLC India stated in a press release.
“NLC India Ltd (NLCIL) and GRIDCO Ltd signed a PPA at present in GRIDCO Ltd in Bhubaneswar for 400 MW for stage-1 and 400 MW for stage-2. With this settlement, NLCIL has achieved full capability of two,400 MW of its Talabira Tremendous Thermal Energy Station Stage-I,” it stated.
The settlement was signed between M Prasanna Kumar, CMD, NLC India, and Trilochan Panda, MD, in presence of different senior firm officers.
NLC India has already signed an analogous settlement up to now with Tamil Nadu, Kerala, and Pondicherry for 1,500 MW, 400 MW, and 100 MW energy provide, respectively, from Talabira plant.
Tamil Nadu-based NLC India, below the Ministry of Coal, is into the mining of lignite and coal, and energy era enterprise.
The corporate had in June included NLC India Renewables Ltd. as a wholly-owned subsidiary to undertake its current renewable vitality initiatives.