MOU
NLC Signed an MoU with NHPC for Power Trading
Chennai: NLC India Limited has signed an MoU with NHPC Limited for Power Trading today on 18th February 2019 in Chennai. The MoU was signed by Shri A. Ganesan, Executive Director (Commercial), NLC India Ltd., Shri D. Chakraborty, CGM (Finance) NHPC Ltd. 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 the Southern Region at an affordable tariff. This MoU will create a win-win situation for the generators and bulk consumers.
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