Agreement signed between NCRTC and PTC, Agreement signed between NCRTC and PTC India for procurement of low-cost power including green power through power exchange for RRTS Corridor.
NCRTC has signed an agreement with Power Trading Corporation (PTC) India, a leading provider of power trading solutions, for the procurement of low-cost power, including green energy, through power exchanges for the RRTS corridor. This collaboration will enable 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 (SKK) in Delhi, with the goal of reducing overall power costs.
Under this agreement, NCRTC will not only secures a low-cost power for the RRTS but also aligns with NCRTC’s commitment to sustainability. The agreement was signed between NCRTC and PTC India in the presence of Shri Shalabh Goel, Managing Director of NCRTC and Shri Manoj Jhawar, CMD of PTC, and other senior officers from both the sides.
The Delhi-Ghaziabad-Meerut RRTS corridor, currently undergoing phased commissioning, relies on electricity to ensure the smooth operation of its high-speed, efficient Namo Bharat trains. Reducing electricity costs is a key focus for NCRTC, as energy expenses constitute around 30-35% of its operational expenditure.
NCRTC is currently sourcing electricity from DISCOM, and efforts are underway to reduce energy costs by exploring through power exchanges, provided the overall tariff is lower than DISCOM’s energy charges. With extensive experience in the power exchange business, PTC India will assist NCRTC in this effort, helping to minimize costs while ensuring a reliable and uninterrupted power supply. PTC has previously provided similar energy management services to various organisations.
Shri Shalabh Goel, Managing Director of NCRTC, said, “A capital-intensive project like the RRTS needs to be sustainable in the longer term. We are pleased to partner with PTC India in managing our energy needs. NCRTC is committed to finding innovative and sustainable solutions. This agreement marks a significant milestone in our efforts to secure reliable and cost-effective power, including green energy, to reduce the carbon footprint.”
This agreement is part of NCRTC’s broader strategy to adopt innovative methods for ensuring the efficient operation of its RRTS corridors. PTC India will act as NCRTC’s trading partner, facilitating power procurement and managing all energy requirements. The phased implementation of power trading will begin with the already commissioned section of the Delhi-Ghaziabad-Meerut corridor, with plans to expand as full operations are progressively rolled out.
Currently, a 42 km section of the corridor between Sahibabad and Meerut South is operational, serving 9 stations. The entire Delhi-Ghaziabad-Meerut corridor, along with the Meerut Metro, is expected to be fully operational by June 2025. NCRTC is committed to creating a modern, sustainable, and efficient transport network, and this collaboration marks a significant milestone in that journey.
