NTPC, NHPC signs MoU for cooperation in overseas power sector

The MoU includes taking up project development, capacity building, O&M, RMU & other consultancy assignments outside India jointly by NHPC & NTPC.

NTPC, NHPC signs MoU for cooperation in overseas power sector
Sh Y.K. Chaubey, Director, (Technical), NHPC and Sh Ujjwal Kanti Bhattacharya, Director (Projects), NTPC and other officials

New Delhi: In a significant development for the Indian Power Sector, a Memorandum of Understanding (MoU) was signed between National Hydroelectric Power Corporation & National Thermal Power Corporation for 'cooperation in the overseas power sector. The MoU includes taking up project development, capacity building, O&M, RMU & other consultancy assignments outside India jointly by NHPC & NTPC.

 

The MoU was signed by Sh Y.K. Chaubey, Director, (Technical), NHPC and Sh Ujjwal Kanti Bhattacharya, Director (Projects), NTPC at New Delhi on 10.08.21.

 

As per the MoU, the broad areas of cooperation between NHPC & NTPC will include establishing collaboration for carrying out a feasibility study for new Hydro based power plants and related infrastructure/facilities in countries of mutual interest, development of hydropower projects. abroad subject to techno-commercial feasibility, collaboration, and exchange of information in the areas of mutual interest & collaboration in any other mutually beneficial overseas business opportunity.

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