Telangana State Transco and power utilities have entered into power purchase agreements with NTPC and Singareni Collieries Company Limited (SCCL).While Telangana will procure 1,600 MW from NTPC Ramagundam thermal power project, it has inked pact to secure 1,200 MW from the under implementation thermal power plant of Singareni Collieries.
The agreements were signed in the presence of Chief Minister K Chandrasekhar Rao. D Prabhakar Rao, Chairman and Managing Director of TS Transco, inked the agreement with CV Anand, General Manager of NTPC and with N Sridhar, Chairman and Managing Director of SCCL. It has been agreed that the purchase cost from NTPC will be based on tariffs approved by the Central Electricity Regulatory Commission. In case of supply of power from the SCCL plant, the tariff would be as per the approvals made by the TS State Electricity Regulatory Commission.
Source:BL
