NTPC REL signs PPA with PTC India for 1,200 MW solar power
NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited (NGEL), has signed a Power Purchase Agreement (PPA) with PTC India Limited for the sale of 1,200 MW of solar power under a bilateral arrangement.
The agreement was formalised in the presence of Dr. Manoj Kumar Jhawar, Managing Director and Chief Executive Officer of PTC India Limited, and Dr. Jatinder Singh Chandok, Chief Executive Officer of ONGPL, an NGEL subsidiary, along with other senior officials from NGEL, NTPC REL and PTC India Limited.
Agreement details
The PPA reflects continued collaboration between NTPC REL and PTC India in the development of clean energy projects in India. However, the companies did not disclose the project location, commissioning timeline or tariff under the agreement.
Photo credit: NTPC Green Energy
