New Delhi: Power Sale Agreement (PSA) was signed between NTPC Limited, A Maharatna Public Sector and GridcoLimited.
Gridco Umakant Sahoo Director GRIDCO Limited and NTPC ER2 HQ, additional general manager commercial NTPC ER2-HQ. Subodh Kumar Pradhan signed the agreement in Presence of energy principal secretary Nikunja Bihari Dhal , Gridco MD Trilochan Panda, and NTPC ER2-HQ general manager (Engg) Amiya Kumar Parhi.
Under this agreement NTPC has agreed to sell and make available to Gridco 200 MW of solar power. A similar PSA was signed between NTPC and Gridco on 18th April 2022 for 200MW. With this NTPC shall supply 400 MW solar energy under this developer mode to Gridco.