NLC India Limited Joins Hands with NHPC Ltd on Power Trading
Deepthi | Myequity news | Date : 18-02-2019 21:59:00 IST
MoU between NLC India Ltd., (A Mining and Power Generating PSU) and NHPC Ltd., (A leading Hydro Power Generating PSU) in the area of Power Trading was signed by Mr.A.Ganesan, Executive Director/Commercial, NLC India Ltd., and Mr.D.Chakraborty, CGM/Finance, NHPC Ltd., on 18-02-2019 at Chennai in the presence of Shri Rakesh Kumar, CMD, Shri R.Vikraman, Director (Human Resources) and Shri Nadella Naga Maheswar Rao, Director (Planning & Projects) of NLC India Ltd., through Video Conference.
Through this MoU, NHPC and NLCIL will offer surplus power available in the Northern & North East Region to the bulk consumers in Southern Region at an affordable tariff. This MoU will create win win situation for the generators and bulk consumers.