Team News Riveting
Mumbai, July 2
NTPC Vidyut Vyapar Nigam Ltd (NVVN), a wholly-owned subsidiary of NTPC Ltd, successfully traded 11.5 billion units of electricity, marking an impressive 43 per cent year-on-year (YoY) growth during first quarter of financial year 2024-25 (Q1 FY25).
The 43 per cent YoY growth in traded units not only highlights NVVN’s robust trading capabilities but also its pivotal role in strengthening NTPC’s vision to become world’s leading power company.
NTPC Vidyut Vyapar Nigam Ltd. (NVVN) a wholly-owned subsidiary of NTPC Ltd, NVVN is dedicated to tapping the potential of power trading in India. NVVN holds the highest Category ‘I’ power trading license as per the latest Central Electricity Regulatory Commission CERC) regulations. The mission is to act as a catalyst in developing the wholesale power market in India, enabling the trading of surplus power.