ptc india: PTC India inks pact with Bhutan’s Druk Green Power Corporation to export 600 MW power

PTC India on Monday mentioned it has entered into an settlement with Bhutan’s electrical energy utility agency Druk Inexperienced Energy Company Restricted to produce 600 MW energy to the neighbouring nation through the winter season. “Bhutan, by way of Druk Inexperienced Energy Company Restricted, has entered into an settlement with PTC India Ltd, for buy of energy from Indian energy market so as to meet its energy requirement through the dry winter season,” PTC India mentioned in a press release.

Bhutan has additionally executed an settlement with the settlement nodal company for settlement of grid operation associated fees, it mentioned, including, “with all requisite approvals, Bhutan will now begin procuring as much as 600 MW of energy by way of PTC from the Indian energy market”.

Rajib Ok Mishra, CMD, PTC India Ltd, mentioned Bhutan, which has been exporting hydro energy to India through the years, must import electrical energy to fulfill its elevated home power requirement through the winter season.

“The growing home demand in Bhutan now requires energy imports through the dry winter season. This PPA (Energy Buy Settlement) will assist handle such power necessities. This settlement is a step ahead in direction of PTC’s endeavour to strengthen the regional energy markets for power safety and sustainability in South Asia,” Mishra mentioned.