National Thermal Power Corporation signs gas supply deal

Leading Indian power producer state-run NTPC said on Friday it had signed gas-sale agreements with government-run firms GAIL, Indian Oil and Bharat Petroleum.                                           

The agreements are for the supply of about 1.2 million tonnes per annum of re-gassified liquefied natural gas (RLNG) for 20 years for its power project in Kerala, NTPC said.                                           

NTPC currently operates nearly 5,000 megawatts capacity through gas based stations.

The company has total installed capacity of 30,644 MW through 26 power stations including joint ventures.                                           

The company is currently working for an additional capacity of about 18,000 MW.