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NHPC gets survey license to carry out study of two large hydropower projects

21 Oct 2022 Evaluate

NHPC has received survey license from Investment Board Nepal to carry out a study of two large hydropower projects with a combined capacity of 1200 MW in the Himalayan nation. The NHPC applied at the IBN for acquiring the study licence for the 750 MW West Seti Reservoir Hydropower Project and 450 MW Seti River – 6 Hydropower Project last month. The Nepal government signed a memorandum of understanding (MoU) with NHPC on August 18, 2022 for the development of the two projects.

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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