You are here: Home » Companies » News
Business Standard

NHPC, OHPC to sign MoU for hydel projects on July 8

Jayajit Dash  |  Kolkata/ Bhubaneswar 

State to get 100 per cent power from Phase-I capacity of 300 MW

The Orissa Hydro Power Corporation (OHPC) and the National Hydel Power Corporation (NHPC), which had forged a joint venture for taking up 12 hydel power projects in the state, are likely to sign the Memorandum of Understanding (MoU) cementing the tie up on July 8 this year.

The joint venture company will be formed within three months of signing of the MoU. While NHPC will hold 51 per cent stake in the JV company, the balance 49 per cent will be owned by OHPC, an official source told Business Standard.

In the first phase, the JV company will take up three hydel projects with a cumulative capacity of 300 MW. All the three hydel power projects, which will come up on Mahanadi river, include Sindol-I with a capacity of 90 MW at Deogaon; y an inter-departmental technical coordination committee consisting of the members of energy and water resources department.

Though 12 hydel projects were identified for development on the joint venture mode, the number can increase or decrease after close examination during the preparation of the Detailed Project Report (DPR).

The identified locations are Middle Kolab, Tel integrated project, lower Bansadhara, Balijori Hydel Project, Salki Hydel Project, Khadago Dam Project, Uttei Roul Integrated Project, Mahanadi-Brahmani River Link, Baramul Hydel Project, Sindol-I, Sindol-II and Sindol-III projects.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, July 01 2010. 04:41 IST
RECOMMENDED FOR YOU
.