NHPC has informed that it has signed a Memorandum of Understanding (MoU) with Neyveli Lignite Corporation of India (NLCIL) in the area of Power Trading on February 18, 2019 at Chennai. As per MoU, NHPC and NLCIL will offer surplus power available with northern and north-eastern region to the bulk consumer in the southern region of the Country at affordable price. Both, NHPC and NLCIL are having category-I trading licence from CERC to trade power in whole of India.
The above information is a part of company’s filings submitted to BSE.