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NLC India joins hands with NHPC on Power Trading

19 Feb 2019 Evaluate

NLC India and NHPC have signed memorandum of understanding (MoU) in the area of Power Trading. Through this MoU, both the companies will offer surplus power available in the Northern & North East Region to the bulk consumers in Southern Region at an affordable tariff. This MoU will create win-win situation for the generators and bulk consumers.

NLC India is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines.

Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
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