NTPC Vidyut Vyapar Nigam Ltd. (NVVN) was formed by NTPC Ltd, as its wholly
owned subsidiary to tap the potential of power trading in the country
thereby promote optimum capacity utilization of generation and transmission
assets in the country and act as a catalyst in development of a vibrant
electricity market in India.
NVVN was incorporated on 1st Nov 2002 and received
the Certificate for Commencement of Business Activities from the Registrar of
Companies on 26th Nov 2002. It has an authorized and fully paid up share
capital of Rs. 200 million.
NVVN commenced its first trading operations in
March 2003 with the supply of surplus power from Eastern Region Stations
of NTPC to Meghalaya State Electricity Board and Assam State Electricity Board.
The Company was granted Category-E licence by the Central Electricity Regulatory Commission (CERC)
for inter-state trading of electricity on 23rd July 2004. The trading licence has been upgraded
to Category-F Licence on 22nd March 2005 by CERC. As per latest CERC regulation, NVVN is holding
the highest category 'I' license.
NVVN ventured into the Cenosphere and Fly Ash export in 2005-06. Thereafter the company also entered into
the domestic market for entering into Long Term and Short Term tie-up for supply of the Fly Ash on price.
NVVN is a wholly owned subsidiary of NTPC Ltd a Maharatna Company. NTPC is the largest power generator nationally with stations across the country. NVVN has access to the resources & facilities of NTPC. NVVN has selected and posted professionally qualified, trained and experienced executives from NTPC having wide knowledge & expertise of various key areas of power systems such as business development, system operation, scheduling & dispatch, financial and commercial matters associated with trading activities. NVVN has acquired leading position in its business areas with a specified clientele across the country.
NVVN has established a Round-the-Clock operating Control Room for the purpose of scheduling and providing uninterrupted services to its customers.