NHPC inks MoU with PTC India for sale of power
POWER & RENEWABLE ENERGY

NHPC inks MoU with PTC India for sale of power

NHPC has signed an MoU with PTC India for the sale of power to be generated from the upcoming West Seti and Seti River-6 Projects in Nepal. The MoU has been reportedly signed by AK Singh, CMD, NHPC and Dr Rajib K Mishra, CMD, PTC India. On this occasion, RP Goyal, Director (Finance) Biswajit Basu, Director (Projects), VR Shrivastava, Executive Director (SBD&C) from NHPC and Harish Saran, Executive Director (Commercial and Operations), Pankaj Goel, CFO and Bikram Singh, EVP-Marketing from PTC India were also present.

As per the MoU, PTC shall purchase the Contracted Capacity from NHPC from the date of commercial operation of the above projects for onward sale to the State Utilities/Discoms/Bulk Consumers on a long-term basis in India and neighbouring countries. PTC shall also endeavour to sell any untied capacity on a medium or short-term basis or on power exchanges.

Also read:
Reconstruction of 145-year-old Bailey bridge begins
Railway and NH bridge collapses blamed on illegal mining in Nurpur


NHPC has signed an MoU with PTC India for the sale of power to be generated from the upcoming West Seti and Seti River-6 Projects in Nepal. The MoU has been reportedly signed by AK Singh, CMD, NHPC and Dr Rajib K Mishra, CMD, PTC India. On this occasion, RP Goyal, Director (Finance) Biswajit Basu, Director (Projects), VR Shrivastava, Executive Director (SBD&C) from NHPC and Harish Saran, Executive Director (Commercial and Operations), Pankaj Goel, CFO and Bikram Singh, EVP-Marketing from PTC India were also present. As per the MoU, PTC shall purchase the Contracted Capacity from NHPC from the date of commercial operation of the above projects for onward sale to the State Utilities/Discoms/Bulk Consumers on a long-term basis in India and neighbouring countries. PTC shall also endeavour to sell any untied capacity on a medium or short-term basis or on power exchanges. Also read: Reconstruction of 145-year-old Bailey bridge beginsRailway and NH bridge collapses blamed on illegal mining in Nurpur

Next Story
Infrastructure Urban

Old Goa Panchayat Demands Scrapping of Bainguinim Waste Mgmt Plant

The Old Goa Panchayat has called for the cancellation of the proposed waste management facility at Bainguinim, warning of potential protests if the government proceeds with the plan. At a press conference, Old Goa Sarpanch Medha Parvatkar, joined by other Panchayat members and concerned citizens, reiterated their opposition to the plant, which has been a source of dissent since 2002. “We have been against the plant since 2002. This area is home to the world heritage site of Old Goa, which includes churches, temples, mutts, schools, and a hospital. We are concerned that the plant could result..

Next Story
Infrastructure Urban

Knauf India Appoints Vijay Mishra as Commercial Director

Knauf, World’s No. 1 company in Drywall & Ceiling Solutions, has appointed Vijay Mishra as its Commercial Director for India operations. With over 23 years of extensive experience in sales, marketing, and business development, Mishra brings a wealth of expertise and leadership that will propel Knauf India into a new era of growth and innovation. Prior to joining Knauf India, Mishra held key roles at various reputed brands, like, H & R JOHNSON, RAK Ceramics, Kajaria Ceramics Limited, Saint - Gobain India and Century Plyboards, where he demonstrated exceptional leadership in strategic plannin..

Next Story
Real Estate

Avg. Flat Sizes Up 7% in Top 7 Cities in 2024

Despite the significant rise in housing prices across cities in 2024, homebuyers continue their quest for bigger living spaces. Latest ANAROCK data shows that average flat sizes in the top seven cities rose by 8 per cent annually in 2024 – from 1,420 sq. ft. in 2023 to 1,540 sq. ft. in 2024. Back in 2019, the avg. flat sizes in these cities was 1,145 sq. ft., indicating a whopping 34% 6-year jump. "A deep-dive into the data shows that at 29 per cent, NCR saw the highest annual growth of average flat size – from 1,890 sq. ft. in 2023 to 2,435 sq. ft. in 2024," says Anuj Puri, Chairman - AN..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000