Noida Power Company Limited has approached the Uttar Pradesh Electricity Regulatory Commission seeking approval for new power purchase agreements and adoption of tariffs discovered through a competitive bidding process. The company plans to arrange a short-term power supply to meet the expected rise in electricity demand in Greater Noida between April 2026 and September 2026.
The petition comes at a time when the utility is preparing for high demand during the summer months. As per its projections, the average round-the-clock power requirement may reach about 689 MW in June 2026. Even though NPCL already has long-term and medium-term supply arrangements in place, including renewable energy like solar and wind, along with thermal power, the company expects a significant shortfall. The gap is likely to be most severe during evening peak hours, where the deficit could go up to 312 MW in June.
To address this situation, NPCL floated a tender in October 2025 to procure up to 90 MW of round-the-clock power and 80 MW of peak power. The bidding process was carried out through the DEEP e-bidding portal of the Ministry of Power, ensuring transparency. PFC Consulting Limited was appointed to handle the technical and financial evaluation of the bids. The tender received strong participation, with fourteen bids submitted by leading power traders and generators such as PTC India Limited, Tata Power Trading Company, and Manikaran Power Limited.
A reverse auction was conducted in November 2025 to finalize the suppliers. For round-the-clock power, the discovered tariffs at the delivery point ranged between ₹5.07 and ₹6.00 per unit, depending on the month and source. However, after adding transmission charges and losses, the landed cost at NPCL’s end is expected to increase, with some supplies reaching up to ₹7.39 per unit.
The cost of peak power is higher due to its limited supply window and higher demand. NPCL has secured peak power, required between 6:00 PM and midnight, at an average rate of about ₹8.73 per unit. This reflects the premium associated with meeting demand during critical evening hours when consumption is at its highest.
NPCL has requested the Commission to approve these agreements to ensure a reliable supply of electricity to its consumers without major disruptions. The company has also stated that the procurement has been done through a competitive and transparent process, aimed at securing power at reasonable rates.
The Commission, headed by Arvind Kumar along with member Sanjay Kumar Singh, conducted a hearing on March 19, 2026. During the hearing, the focus was on reviewing the transparency of the bidding process and understanding how the proposed tariffs may impact consumers.
The final decision is expected after the Commission completes its evaluation of the procurement process, pricing structure, and overall impact on consumers in the region.
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