NHPC files notice with Bombay Stock Exchange of joint hydropower development

NHPC

India’s state-owned hydroelectric power developer, NHPC Ltd., announced in a filing with the Bombay Stock Exchange (BSE) on July 21 its intent to partner with Bharat Heavy Electricals Ltd. (BHEL), to develop hydroelectric projects in overseas markets.

The project names, location and amount of investment are not immediately available.

According to the filing, “NHPC Ltd. has informed BSE that NHPC has signed a Memorandum of Understanding (MoU) on July 21, with BHEL for undertaking of hydropower projects in overseas markets. As per the MoU, NHPC and BHEL will look after the civil and electro mechanical package respectively.”

In June, HydroWorld.com reported NHPC is engaged in the construction of five projects that have a total capacity of 3,290 MW, four of which are hydro: Teesta Low Dam Stage IV, 330-MW Kishanganga, 800-MW Parbati II and 2,000-MW Subansiri Lower.

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