NHPC inks MoU with PTC India for sale of power

06 Sep 2022 CW Team

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

Infrastructure Urban

30 Aug 2025

Delivering metals in 24 hours with AI

India’s metal supply chain has long struggled with delays, fragmentation and lack of transparency, forcing purchase teams to chase vendors and juggle uncertain stock. Enlight Metals is tackling these inefficiencies with an AI-powered aggregation platform, multilingual voice-enabled procurement and strategically located dark stores that enable 24-hour delivery – transforming how OEMs, EPCs and infrastructure players source their metals. In a conversation with CW, Dhananjay Goel, Director, and Vedant Goel, Director, shares how the company is reshaping procurement. What problem..

Silvin's CPVC Additive Gets NSF® Certification for Safety

Silvin Additives, a prominent manufacturer of PVC and CPVC additives, has secured the NSF® Guideline 533 certification for its CPVC Super1Pack formulation. This certification affirms the additive’s compliance with stringent international health and safety standards for products intended for drinking water applications.Awarded by NSF, a globally respected public health and safety authority based in Michigan, United States, the certification is granted only after rigorous product testing and inspection. NSF® Guideline 533 specifically assesses the safety of chemical ingredients used in produ..

Mitsubishi Halts Offshore Wind Projects in Japan

Mitsubishi Corporation (MC) has announced its decision to withdraw from three major offshore wind projects off the coast of Japan due to a significant shift in global business conditions. The projects were being developed through a consortium led by its subsidiary, Mitsubishi Corporation Offshore Wind Ltd., and were located off the shores of Noshiro City, Mitane Town, and Oga City in Akita Prefecture; Yurihonjo City in Akita Prefecture; and Choshi City in Chiba Prefecture.The company stated that following a review initiated in February 2025, it concluded the projects were no longer viable. The..