+
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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code