MUMBAI, NTPC Vidyut Vyapar Nigam (NVVN) today said that the supply of 250-MW power to Bangladesh is expected to begin from September.
A release from NTPC said that Md. Anwar Hossain, Joint Secretary (Development), Power Ministry, Bangladesh, handed over the sovereign guarantee to Nand Kishore Sharma, Chief Executive Officer of NVVN.
The guarantee is payment security against power supply for 25 years from NTPC under the PPA (power purchase agreement) inked between NVVN and the Bangladesh Power Development Board on February 28, 2012.The Hindu
Join PSU Connect on WhatsApp now for quick updates! Click here
Read Also : IndianOil Wins Big at FICCI Indian Sports Awards 2024 for Championing Sports DevelopmentNews Must Read
- IndianOil Wins Big at FICCI Indian Sports Awards 2024 for Championing Sports Development
- Cochin Shipyard Limited signs contract with Defence Ministry
- ONGC launched 35-seater Electric buses in Mumbai
- BSNL tie up with SBI for Payment Gateway Partnership
- ONGC Videsh acquires 0.615% Stake in ACG and 0.737% stake in BTC, Azerbaijan
- Numaligarh Refinery Limited achieved milestone
- GAIL signs long-term contract with “K” LINE for LNG ship
- RVNL stands as Lowest bidder from PSPCL
- NTPC CVO Rashmita Jha Appointed as Additional CVO for REC Ltd
- SAIL and John Cockerill India join hands to drive innovation and green steel technologies