NTPC Vidyut Vyapar Nigam Ltd Achieves 43% YoY Growth, Trading 11.5 Billion Units in Q1 FY25

Mumbai, 2nd July 2024 – 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% year-on-year (YoY) growth during Q1 FY25.

The 43% 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. Our mission is to act as a catalyst in developing the wholesale power market in India, enabling the trading of surplus power.

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.