Latest News

NHPC inks pact with Himachal Pradesh for 500 MW Dugar hydro project

NHPC has inked a pact with the Himachal Pradesh government for the implementation of 500 MW Dugar Hydroelectric Project in Chamba district

PSU Watch Bureau

New Delhi: State-owned hydro power giant NHPC has inked a pact with the Himachal Pradesh government for the implementation of 500 MW Dugar Hydroelectric Project in Chamba district. "Implementation agreement for 500 MW Dugar Hydro Electric Project located in Chamba district, Himachal Pradesh, was signed between NHPC Limited and government of Himachal Pradesh on August 26, 2022 at Shimla," a statement said.

The agreement was signed in the presence of Jai Ram Thakur, Chief Minister, Himachal Pradesh, and A K Singh, Chairman & Managing Director, NHPC Limited.

The document was signed by Suresh Kumar, General Manager (E), NHPC, and Harikesh Meena, Director (Energy), Directorate of Energy (DoE), Himachal Pradesh.

Earlier, a Memorandum of Understanding (MoU) for 449 MW Dugar Hydro Electric Project was signed between NHPC and government of Himachal Pradesh on September 25, 2019.

Subsequent to signing of the MoU, NHPC carried out detailed survey and investigations, techno-economic studies and submitted a detailed project report for an enhanced capacity of 500 MW to Central Electricity Authority (CEA).

The accord of concurrence to the project was issued by CEA on April 26, 2022.

Forest and environment clearances in respect of the project are in process.

Dugar Hydroelectric Project is expected to generate 1,759.85 million units in a year.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

SECI issues showcause notices to Reliance Power, its arm over fake bank guarantees

COP29: India demands USD 1.3 trn for developing countries, says NCQG can't be 'investment goal'

Nepal to export 40 MW of electricity to Bangladesh via India on Nov 15

IREDA CSR: MNRE Minister flags off 10 battery-operated vehicles at Jagannath Temple in Puri

RECPDCL hands over project-specific SPV to Tata Power Company Ltd