NHPC to finalise supply of 2.5 GW for short term through stressed thermal projects

State-owned hydro power giant NHPC Ltd is set to finalise in a couple of months the supply 2,500 megawatt (MW) through various coal-based thermal power plants for short term at a tariff of Rs 4.41 per unit discovered in a reverse auction.

NHPC has been appointed as an aggregator by PFC Consultancy through e-tendering for Pilot Scheme-II of the power ministry.

The scheme is to facilitate the procurement of power for three years from coal-based power plants that are already commissioned and do not have power purchase agreements (PPAs). Since a PPA is a prerequisite for getting coal linkage, these plants are under stress.

A senior NHPC official said, "The tariff of Rs 4.41 per unit was discovered under this scheme through e-reverse auction. As many as 15 bidders were finalised under auction at this tariff. We are in the process of finalising quantum of power to be supplied to different states. This would be completed in couple of months."