Delay Likely in NTPC Ramagundam PPA for 800 MW Telangana Unit

30 Apr 2025 CW Team

The signing of the Power Purchase Agreement (PPA) for the upcoming 800 MW unit of NTPC’s Ramagundam plant is expected to be delayed further, as Telangana’s State Government weighs cost implications. Although PPAs for 1,600 MW (2×800 MW) from the 4,000 MW project—promised under the Andhra Pradesh Reorganisation Act, 2014—have already been signed, the agreement for the third unit is pending. A draft has been submitted to NTPC, but the matter is now under review by the Central Electricity Authority following requests for amendments by central utilities.

The delay stems from concerns raised by Chief Minister A. Revanth Reddy regarding the potential rise in per unit power cost. Currently estimated at Rs 5.3, the price could reportedly surge to over Rs 8 per unit by the time the remaining 2,400 MW (3×800 MW) capacity becomes operational which is expected to take four to five years. Finalising the PPA now would obligate the State to purchase 85 per cent of the power output from the new unit, regardless of future costs.

“Signing the agreement now will make it unavoidable for Telangana to bear additional expenses,” the Chief Minister warned during the recent budget session. He added that the cost per unit would reflect capital costs, coal linkage expenditure, and profit margins—making power from the project more expensive.

The State Government is reportedly considering the possibility of entering into an agreement with NTPC at a later date, based on its evolving power needs.

Supporting the concerns of the State, the Union Ministry of Home Affairs has indicated that Telangana is expected to absorb all the power generated by the NTPC plant. Union Home Secretary Govind Mohan, during a recent review, suggested that the State should take responsibility for the full 1,600 MW output currently generated by the operational units.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..