NLC India Limited has signed a power purchase agreement (PPA) with the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for sourcing 1.5GW power from the NLC Talabira Thermal Power Project in Jharsuguda district, Odisha.
The PPA was signed in the presence of Tamil Nadu Chief Minister MK Stalin.
NLC India is in the process of establishing the 2.4GW NLC Talabira Thermal Power Project which will have three units, each of 800MW capacity.
It will be a pithead captive thermal power project associated with NLC India’s Talabira II and III mines of a capacity of 20 million tonnes per annum.
The mines at Talabira have already commenced production of coal, said NLC India.
The power generated from the NLC Talabira Thermal Power Project is likely to be among the cheapest round-the-clock power among thermal power plants in India with state-of-the-art supercritical technology and environmental compliances, said NLC India.
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