memorandum-of-understanding
NHPC Limited signed MoU with Cement Corporation of India Limited
New Delhi: NHPC Limited signed a Memorandum of Understanding (MOU) with Cement Corporation of India Limited (CCI) for exploring possibilities for cement requirement for 2880 MW Dibang Multipurpose Project on 11th March 2020. The MOU was signed by Shri A.K. Singh, Chairman and Managing Director, NHPC and Shri B.V.N. Prasad, Chairman and Managing Director, CCI at NHPC Corporate Office, Faridabad. Shri S. Sakthimani, Director (Finance), CCI, Shri V.K. Maini, Executive Director (SBD&C), NHPC and other senior officers of both the organizations were also present on the occasion.
The MOU will pave the way for addressing the cement requirement for Dibang Multipurpose Project. Consequent upon confirmation of studies, CCI has proposed to install a clinker grinding unit near the project area, which besides fulfilling the cement requirement of Dibang Multipurpose Project, will also generate employment opportunities in the area subject to finalization of modalities subsequently.
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