NEA Signed agreement with the PTC India to import additional 35 MW

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    The NEA, has signed agreement with the PTC on Friday to import additional 35 MW from coming December to May. It will be procured at IRs 3.50 (Rs 5.60) per unit, according to Kafle. The NEA will earn a profit by selling the additional 35 MW. The rate is half of that in the last year as price of electricity has fallen in India this year. The average selling price of NEA is Rs 8.05 per unit.

    A team including director at the Power Trade Department of NEA Anil Raj Bhandari is currently in Delhi for procurement of electricity.

    Source : Karobar Daily