PTC India Limited, provider of power trading solutions in India announced commencement of power supply from Nikachhu Hydroelectric Project, Bhutan to Assam under Long Term PPA.
PTC executed the PPA with Bhutan and PSA with Distribution Company of Assam (APDCL) in 2014.
Dr. Rajib K.
Mishra, CMD PTC mentioned that considering the long term perspective of uninterrupted, reliable vis-à-vis cheaper power supply to cater the rapidly growing demand in the state, Assam Power Distribution Co. Ltd.
(APDCL) executed this PPA. This 118 MW (2x59 MW) hydro project has provision to supply power during peak hours also which will be very helpful to meet peaking hours demand of the State.
Bilateral energy trade between India and its neighbors is a key building block of the integrated regional energy market.
India and Bhutan have excellent relations and India has for decades assisted Bhutan in developing its hydropower. This mutually beneficial relationship is now being further strengthened.