Mumbai: In a major step towards reinforcing power security and infrastructure in the coastal state of Goa, NTPC Ltd., India’s largest integrated energy company, signed a Power Purchase Agreement (PPA) with the Electricity Department, Government of Goa (ED-Goa) for power allocation from the upcoming Sipat Stage-III project in Bilaspur district, Chhattisgarh.
PPA Signed to Secure Power from Sipat Stage-III
The agreement was signed at the Goa Electricity Department office in the presence of senior officials from both sides.
Representing NTPC was P. R. Jena, General Manager (Commercial), NTPC WR-I Headquarters.
Signing on behalf of the Goa government was Steffen Fernandes, Chief Electrical Engineer, Electricity Department.
This PPA ensures allocation of power to Goa from the Sipat Stage-III power station, further diversifying the state’s energy sources and strengthening the reliability of its power supply.
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Key Implications for Goa’s Energy Future
The signing of the agreement is expected to:
- Improve energy security and grid stability in Goa.
- Provide long-term access to reliable electricity, particularly critical during peak seasonal demand.
- Support the state’s economic and infrastructure development through assured power availability.
NTPC’s Continued National Role in Energy Security
NTPC continues to fulfill its role as the backbone of India’s power sector through:
- Expanding conventional generation capacity with projects like Sipat Stage-III.
- Advancing sustainability through adoption of clean and efficient technologies.
- Partnering with state utilities to meet regional and national energy demands.
The latest PPA further highlights NTPC’s mission to power the nation responsibly and its strategic vision to build resilient partnerships with states across India.
About NTPC
NTPC Limited is India’s largest energy conglomerate with roots tracing back to 1975. A Maharatna PSU under the Ministry of Power, Government of India, NTPC is primarily engaged in the generation and sale of electricity. With a diverse portfolio spanning coal, gas, hydro, and renewable energy, NTPC is committed to sustainable growth and environmental stewardship. The company also undertakes a wide range of CSR initiatives focused on education, health, skill development, and community welfare, reaffirming its role as a socially responsible corporate citizen.
