Power trading solution provider PTC India has inked a long-term power purchase agreement with VS Lignite Power for 115 MW of electricity supply.
PTC India executed a long-term power purchase agreement (PPA) for 115 MW with VS Lignite Power Pvt. Ltd, a company statement said.
VS Lignite operates a 135-MW lignite-fired power plant in Bikaner district of Rajasthan.
The power plant sources fuel from a captive lignite mine near the project.
The company is presently selling power to various discoms (power distribution companies) through short- term power sale agreements.