Regulatory Commission extends power purchase agreement with NTPC Kayamkulam for three years

THIRUVANANTHAPURAM The Kerala State Electricity Regulatory Commission has extended, with certain conditions, the power purchase agreement (PPA) between NTPC Ltd and the Kerala State Electricity Board (KSEB) for the Rajiv Gandhi Combined Cycle Power Project (RGCCPP), Kayamkulam, for a three-year period from March 1, 2025. The commission’s November 9 order came on a petition filed by the KSEB seeking the three-year extension at an annual fixed charge of ₹100 crore payable to NTPC Ltd. The panel consisting of chairperson T.K.

Jose and member B. Pradeep has set a number of conditions for allowing the extension. One, KSEB and NTPC Ltd should jointly explore the feasibility of establishing floating solar projects and a 500MW/2000 MWh BESS at Kayamkulam.

Two, The MoU and power purchase agreement (PPA) between the two entities will cease to exist once NTPC Ltd’s allocation of 180 MW to KSEB from its Talcher plant is stopped. Three, KSEB and NTPC Ltd will explore the possibility of converting the Kayamkulam plant to ‘peat gas’” within two years of signing the MoU.