Tata Power Delhi Distribution Limited (Tata Power-DDL), a pioneering power utility, supplying electricity to a populace of over 7 million in North Delhi, signed its first medium-term Hydro PPA (Power Purchase Agreement) with NTPC Vidyut Vyapar Nigam Limited (NVVNL) to meet the projected peak demand.
Corresponding to the agreement, NVVNL will supply power to Tata Power-DDL for the next five years during the summer months (May to September), beginning from 1st May '23. The collaboration will help Tata Power-DDL expands its Green portfolio.
The discom envisioned various policy decisions emphasizing increasing reliance on non-fossil resources and reaffirming its commitment to making a greener planet. Further, considering the prevailing summer period, Tata Power-DDL has made adequate power arrangements to ensure the sufficiency of power supply in its area of operations.
Commenting on the signing, Mr. Ganesh Srinivasan, CEO of Tata Power Delhi Distribution Limited, said, “In the endeavor to achieve India’s renewable energy target, Tata Power-DDL is focused to contribute towards the national goal by increasing the renewable energy quantum through various arrangements e.g. hydro, solar and wind, etc. With this first such medium-term Hydro agreement with NTPC Vidyut Vyapar Nigam Limited, we are securing our commitment to sustainability by increasing the share of green energy in our operations. It is one of the significant steps in strengthening our journey towards a cleaner and greener future.”
Considering the prevailing heatwave, Tata Power-DDL has made adequate power arrangements to ensure the sufficiency of power supply in its area of operations. The company has made sufficient power arrangements and utilized advanced techniques to understand load forecasting. Tata Power-DDL’s Battery Energy Storage System in Rohini will support by ensuring continuous and reliable power to the consumers during any exigency in the summer months.
About Tata Power Delhi Distribution Limited:
Tata Power Delhi Distribution Limited is a joint venture between Tata Power and the Government of NCT of Delhi. Tata Power-DDL distributes electricity in North Delhi and serves a populace of 7 million. Tata Power-DDL has been a frontrunner in implementing power distribution reforms and is acknowledged for its consumer-friendly practices. Since privatization, the Aggregate Technical & Commercial (AT&C) losses in Tata Power-DDL areas have shown a record decline. Today, AT&C losses stand at 6.8%, which is an unprecedented reduction from an opening loss level of 53% in July 2002.
To learn more about Tata Power-DDL, please visit: www.tatapower-ddl.com