NTPC Vidyut Vyapar Nigam

NTPC Vidyut Vyapar Nigam (NVVN), a wholly-owned subsidiary of NTPC, is planning to begin commercial operations for a 500 MWh battery energy storage capacity soon, a top official said on Thursday. Speaking to reporters on the sidelines of the 18th India Coal Summit organised by the Indian Chamber of Commerce here, NVVN Chief Executive Officer Somes Bandyopadhyay said, "Very soon we will be able to put 500 MWh BESS in commercial operation and target to commission a further 500 MWh by this financial year." Battery Energy Storage System (BESS) are systems in which batteries, either individually or more often in groups, are used to store electricity produced by generation plants. Bandyopadhyay further said, "The government has provided us with a scheme for 3,000 MWh. So in that way, we are into battery energy storage through different modes." The country is rapidly scaling up its BESS ecosystem with major policy pushes and capacity expansions. NTPC Vidyut Vyapar Nigam is also engaged i

To meet the high power demand in coming months, NTPCV Vidyut Vyapar Nigam (NVVN), a subidiary of NTPC, has awarded a Rs 440 crore contract to Torrent Power

Torrent Power has emerged as the successful bidder to supply 388 million units (MU) of electricity from its gas-based plant under a government scheme from March 16, 2024, to June 30, 2024, the company said on Friday. It has been awarded a contract by NTPC Vidyut Vyapar Nigam Limited (NVVN) under the government's Crunch Period scheme to overcome high power demand during summer, the company said in a statement. According to the statement, Torrent has a 2,730 MW gas-based power generation capacity. Torrent Power has emerged as a successful bidder under the competitive bidding, and received a Letter of Award from the NVVN on March 1, 2024, for the supply of power from its gas-based power plant during the forthcoming summer's crunch/high power demand periods from March 16, 2024, to June 30, 2024, period. The government, through NVVN, came up with the crunch / high-demand period scheme last year to harness Gas-Based Power Generation (GBPG) to overcome the country's rising power demand, .

Joshi alleges that domestic coal as well as the country's hydel resources cannot be used to generate power for exports