NHPC forms JV with power producer APGENCO for renewable energy projects NHPC forms JV with power producer APGENCO for renewable energy projects
News Updates

NHPC forms JV with power producer APGENCO for renewable energy projects

NHPC on Thursday said it has formed a joint venture with APGENCO to develop renewable energy projects

PTI

New Delhi: State-owned NHPC LImited on Thursday said it has formed a joint venture with Andhra Pradesh Power Generation Corporation Limited (APGENCO) to develop renewable energy projects.

The new entity APGENCO NHPC Green Energy Limited has been incorporated on Janauary 23, NHPC said in an exchange filing.

PSU Watch is now on Whatsapp Channels. Click here to join

Initially five projects, namely Yaganti PSP (1000MW), Rajupalem PSP (800 MW), Gadikota PSP (1200 MW), Aravetipalli PSP (1320 MW), and Deenepalli PSP (750 MW), are considered for joint implementation and other projects subsequently identified shall be taken up as mutually agreed in future, the filing said.

(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.)

No immediate hike in petrol, diesel prices; adequate stock to meet any contingency: Sources

Stock markets rebound in early trade after two days of sharp fall

SJVN’s Nathpa Jhakri Hydro Power Station crosses 150 BU of power generation

SECI shifting focus to storage-backed RE, says MD

JNPA slashes stranded container count through coordinated efforts; sets up task force