Corporate Buzz

18-07-2024 | read

Ms. Renu Narang, CEO, NVVN inaugurated NVVN SNA/ New Power Trading Control Room at NTPC EOC office on 18th July 2024.

NTPC Vidyut Vyapar Nigam Ltd. (NVVN), a wholly owned subsidiary of NTPC Ltd formed in 2002, aims to leverage the potential of power trading in India. NVVN holds the highest Category 'I' power trading license as per the latest CERC regulations.

NVVN is the second-largest power trading company in India, engaging in trading through IEX, PXIL, and HPX exchanges, across various types of power including Bilateral/Swap Power, Solar Bundled Power, Power Banking, and Power Exchange (DAM, TAM, RTM, G-TAM , HPDAM & REC/ESCerts).

In accordance with CERC Cross Border Trading of electricity regulation 2019, NVVN has been nominated by the Ministry of Power to serve as the Settlement Nodal Agency (SNA). NVVN manages the scheduling & settlement of RLDC Fees & Charges activities for Bhutan, Bangladesh, and Nepal through Grid-India to ensure compliance with CERC regulations.

The programme was graced by the presence of Shri Anil Kumar Chaurasia, GM (Contracts), Shri Sunil Gulati, CFO, Shri Davendar Goel, AGM (Renewable Energy), Shri Arvind Patle, AGM (Commercial), Shri Manu Khare, AGM (IT), HOHR, all section heads, senior officials, and executives of the control room.

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