NTPC insists Odisha honours Talcher PPA, says won't scrap agreement

The issue: Power-starved earlier, state today is saddled with a glut; seeks to renege from commitment to lift at least 50% from 1,320 Mw capacity at Talcher

NTPC, the country's largest power utility, has ruled out the possibility of scrapping power purchase agreement (PPA) signed with the Odisha government for its Stage-III Talcher Thermal Power Station (TTPS).

The agreement was executed with the state government in 2010 when Odisha face a power deficit, especially during peak demand. As per the terms of the PPA, the state government was to draw 50 per cent of the 1,320 Mw power to be generated by the station in its next phase ramp up. 

But Odisha is now looking at 1,500-1,600 Mw excess thermal power from 2019-20, counting its 800 Mw