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NHPC gets nod to foray into solar power business

29 May 2020 Evaluate

NHPC’s board has considered and approved the proposal regarding diversification of business of the company by development of Solar Power Projects as Intermediary Procurer through Solar Power Developers. The Board of Directors of the company in its meeting held on May 28, 2020 has approved the same.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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