Indian energy company the National Thermal Power Corporation (NTPC) could develop a solar power project without signing power purchase agreements (PPAs) with distribution companies. the National Thermal Power Corporation has said India was the world’s cheapest solar energy producer. Right from lending institutions which favour projects with long-term PPAs to the prevalent industry and market structure wherein the option of selling power generated on the exchange or to own consumers is fraught with transient risks.” NTPC said if that was so, the companies should buy the power without hurdles, with the power sold through platforms including power exchanges. The capacity and location of the PPA-free project has not been released, but 870 MW currently has 55 solar schemes generating The International Renewable Energy Agency within its total capacity of 55 GW.
Indian energy company the National Thermal Power Corporation (NTPC) could develop a solar power project without signing power purchase agreements (PPAs) with distribution companies. the National Thermal Power Corporation has said India was the world’s cheapest solar energy producer. NTPC said if that was so, the companies should buy the power without hurdles, with the power sold through platforms including power exchanges. The capacity and location of the PPA-free project has not been released, but 870 MW currently has 55 solar schemes generating The International Renewable Energy Agency within its total capacity of 55 GW.