Joint Venture20 Mar 2026, 06:02 pm
Tulsyan NEC Ltd Secures 60 MW Power Purchase Agreement with TNPDCL for 2026-2031 Period
AI Summary
Tulsyan NEC Ltd has executed a Power Purchase Agreement (PPA) with Tamil Nadu Power Distribution Corporation Limited (TNPDCL) for supplying 60 MW of Round the Clock (RTC) power from April 2026 to March 2031. The PPA was awarded through a tender issued by TNPDCL. This agreement ensures continued operations of the Company’s power plant units at its full capacity for the next 5 years and makes the Company eligible for allotment of Coal/ Coal linkage under SHAKTI Policy, 2025. This is expected to result in consistent EBIDTA during the tenure of the PPA.
Key Highlights
- Tulsyan NEC Ltd has been awarded a 60 MW power supply order by TNPDCL
- The PPA is for a period starting from April 2026 to March 2031
- The PPA ensures continued operations of the Company’s power plant units at its full capacity for the next 5 years
- The Company is now eligible for allotment of Coal/ Coal linkage under SHAKTI Policy, 2025
- This is expected to result in consistent EBIDTA during the tenure of the PPA