DVC sign Power Purchase Agreement with GUVNL
The deal supports GUVNL’s efforts to secure a stable power supply amid rising future energy needs and DVC standing firmly behind it.
New Delhi: Damodar Valley Corporation (DVC) has entered into a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) to supply 600 MW from its upcoming Raghunathpur Phase II project in West Bengal. This agreement was signed at GUVNL & Corporate Office at Vadodara on 4th July 2024.
Read Also : Indian Overseas Bank Offers up gradation Facility on Savings Scheme VariantsFrom DVC, Shri Arup Sarkar, Member (Finance) and Shri Sanjiv Shrivastav, ED (Commercial) were present and from GUVNL, Shri Jai Prakash Shivhare (IAS) Managing Director, Shri K P Jangid, Director (Finance), and Shri Sanjay Mathur, G.M.(Commerce).
Read Also : Government released new list of appointments and recommendationsThis agreement reaffirms DVC’s commitment to meet the growing power demand of the nation. As per the agreement, DVC will deliver power to GUVNL from its upcoming supercritical thermal project. The deal supports GUVNL’s efforts to secure a stable power supply amid rising future energy needs and DVC standing firmly behind it.
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