Telangana TRANSCO on Monday signed an MoU with Singareni Collieries and NTPC for the purchase of 1600 MW power from Ramagundem plant.
The MoU was signed by TRANSCO CMD Prabhakar Rao, NTPC General Managers CV Anand and SK Khar and NTPC Additional GM K. Sudarshan in the presence of Chief Minister K. Chandrashekar Rao. As per the agreement, the NPDCL and Telangana SPDCL will buy 1600 power from Ramagundem NTPC plant at the rates recommended by Electricity Regulatory Authority.
An agreement has also been reached for the purchase of 1200 MW from Jeypore Plant of SCCL. The power will be supplied by April this year.
Energy Minister Jagadishwar Reddy, Energy Secretary Arvind Kumar, NPDCL CMD Venkata Narayana, SPDCL CMD Raghava Reddy, Lok Sabha MP Vinod Kumar and other senior officials were also present on the occasion. (INN)