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NHPC, OHPC to sign MoU by December end

The Orissa Hydro Power Corporation (OHPC) and National Hydro Power Corporation (NHPC), which have forged a joint venture agreement for developing 12 hydel projects in Orissa, will sign a Memorandum of Understanding (MoU) by the end of December this year. "There were some procedural delays which had held up the signing of the MoU between OHPC and NHPC. Both OHPC and NHPC will enter into an MoU for developing hydel projects by the end of December this year”, a top official source told Business Standard. The joint venture company will be formed within three months of signing of the ...