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Going International: NTPC’s Wholly Owned Subsidiary Begins Supply Of Power To Bangladesh
Representative image (Justin Sullivan/Getty Images)
The NTPC Vidyut Vyapar Nigam (NVVN) which is a wholly owned subsidiary of state undertaking NTPC Ltd. commenced supply of 300 MW power to Bangladesh from the midnight of 10 September.
A statement released by the company stated that a power purchase agreement (PPA) had been signed with the Bangladesh Power Development Board (BPDB) for the purposes of supplying the power which is to be sourced from the Damodar Valley Corporation (DVC). The NVVN has also entered into an agreement with the DVC in respect of the same.
It would be pertinent to note that India had turned a net exporter of electricity for the first time last year and had been exporting 600 to 700 MW of power to Bangladesh prior to the present agreement for the supply of 300 MW by NVVN.
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