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 Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?