New Delhi: The National Capital Region Transport Corporation (NCRTC) has signed a Memorandum of Understanding (MoU) with Power Trading Corporation (PTC) India Ltd to procure low-cost power, including green energy, via power exchanges for the Namo Bharat corridor. This partnership will allow NCRTC to meet part of its power requirement sourcing through power exchanges at its receiving substations (RSS) located in Ghaziabad, Modipuram, Shatabdi Nagar, and Muradnagar in Uttar Pradesh, as well as Sarai Kale Khan in Delhi, to reduce overall power costs.
Currently, NCRTC is sourcing electricity from Discom. This collaboration is part of NCRTC’s efforts to reduce energy costs by exploring procurement through power exchanges since the overall tariff is lower than Discom’s energy charges. Additionally, NCRTC also aims to focus on reducing electricity costs for the Delhi-Ghaziabad-Meerut RRTS corridor Namo Bharat trains which are undergoing phased commissioning currently. With extensive experience in the power exchange business, PTC India will support NCRTC in these efforts by helping minimize costs while also ensuring a reliable and uninterrupted power supply.
This agreement is part of NCRTC’s overall strategy to adopt innovative methods for ensuring efficient operation of its RRTS corridors. PTC India will be NCRTC’s trading partner, facilitating power procurement and managing all energy requirements.
