DVC Signs Power Purchase Agreement with HPPC in Panchkula, Haryana
This collaboration marks another milestone in strengthening the partnership between HPPC and DVC.
New Delhi: In a significant development aimed at addressing the growing power demand in Haryana, Damodar Valley Corporation (DVC) has successfully signed a long-term Power Purchase Agreement (PPA) for 25 years with the Haryana Power Purchase Centre (HPPC). This agreement, with due consent from the Ministry of Power, will enable DVC to supply 800 MW from its upcoming thermal projects ( 300MW from RTPS PH-II (2X660MW), 300MW from KTPS PH-II (2X800MW), 200MW from DTPS (1X800MW).
This agreement was signed at HPPC’s Corporate Office in Panchkula on 29th January 2025, in the esteemed presence of senior officers from both the organizations. This collaboration marks another milestone in strengthening the partnership between HPPC and DVC. This PPA is in addition to the existing PPA for the supply of 300 MW of power to Haryana from DVC’s existing generation units.
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DVC has already secured a PPA to supply 1159 MW of power to Gujarat Urja Vikas Nigam Limited and agreements for the remaining capacity from its upcoming projects to be signed with other DISCOMS very soon.
Speaking on the occasion, Shri Arup Sarkar, Member (Finance) of DVC, highlighted the significance of the agreement: “We are delighted to partner with HPPC in addressing Haryana’s energy needs. This agreement reinforces our commitment to delivering sustainable and affordable power solutions while paving the way for further opportunities to collaborate in the energy sector.”
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This landmark development underscores DVC’s ongoing dedication to delivering reliable and affordable power to consumers across the country, contributing to India’s broader energy goals.
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