Some of the main objectives to be pursued by NVVN are to undertake the business of purchase of all forms of electrical power,
generated both from conventional and non-conventional energy from any
sources whether government, private, public or joint sector undertakings
including import from abroad and to sell such power to any sources whether
government, private, public or joint sector undertakings including export
to neighboring countries and to co-ordinate with all concerned for
purchase, sale, import, export, supply, transmission and distribution of
electrical power and undertake all connected functions.
The objectives also include to plan,
promote, develop and establish an efficient and reliable power trading
system and system for transfer/wheeling of power from the power producers,
generating and transmission companies within India and abroad and supply
within India and abroad and comply with the broad guidelines and objects
laid down by NTPC Limited, the Government of India or the concerned
regulatory authorities created or established from time to time.
NVVN has been actively associated with
the power trading activities since inception and has been instrumental in
offering best products & services required by our valuable Customers from time
to time. Power has been traded by NVVN as required in various products categorized
on time of day basis to meet evening peak, off peak, round the clock, night power,
morning peak demand and as & when available basis in form of un-requisitioned surplus
power of NTPC Stations. NVVN has also effectively met power crisis and growing demand
of in Northern Region States by supply of power from NTPC Kayamkulam Station in Southern
Region. NVVN has also tied up for different power SWAP arrangements amongst the 8 States
for deriving mutual benefit. NVVN is poised and looking ahead for trading on long term
basis from Cross Border, from Captive Power Stations, IPPs and merchant power
from NTPC Stations.
NVVN made its humble begining in trading operation in financial year 2002-03 by trading power from Eastern Region NTPC Stations to Meghalaya SEB and Assam SEB in march 2003 and traded 21.10 MU with a turnover of Rs 40.47 million.
During year 2003-04. NVVN consolidated its trading
operion by trading 962.24MU with turn over of Rs 2240.2 million having
transaction through the country with 16 beneficiaries constituents.
The performance has been further enhanced with the
development of trading potential in the country. NVVN gradually has
consolidated its performance through enhancing customer base
and trading varied products in the market.