PSU IN MEDIA
Dhauliganga project expected to restart by FY14-end: NHPC
NEW DELHI . NHPC ’s financial performance is under stress, says Shri ABL Srivastava, Director Finance. According to him, the company’s results for the first six months show a decline due to flood-led losses in its 280 MW Dhauliganga hydro power project in Uttarakhand. The company hopes to restart the project by FY14-end. Going ahead, the company will try to recover its business loss for the Dhauliganga project. So far, it has received only Rs 35 crore for account payment by the insurance companies, says Srivastava in an interview to CNBC-TV18.
News Must Read
- Shri. Bikram Ghosh takes charge as Director (Finance) in WCL
- SBI to change debit cards maintenance normal from 1 April, 2024
- NMDC excels at Governance Now 10th PSU Awards
- NTPC Group ties up JPY 30 billion funding from JBIC
- Jabalpur Airport connects Madhya Pradesh to other cities
- Best Organisations for Women title to PowerGrid
- Air India Faces Heavy Fine from DGCA of Rs 80 Lakh
- NCL's mega achievement; surpasses 500 Million Cubic Meters of Overburden
- RailTel bags major order from CDAC worth Rs 36 crore
- ICRA withdraws long term rating of NCDs of ONGC