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
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area
- SCOPE organizes Public Sector Day celebrations
- IOCL Final Dividend Announcement Expected at April 30 Board Meeting
- Steel Cutting Ceremony of Indian Navy held at HSL Vishakapatnam
- DIPAM declines PFC-REC debt resolution proposal for KSK Mahanadi project