PSU Watch logo

| Paras Defence and Space Technologies raises Rs 51-cr from anchor investors ahead of IPO |   | IREDA is on the five-fold future plan for the next five years: CMD |   | RCP Singh urges steel PSUs to contribute towards national projects, cut cost of production |   | Torrent Power signs SPA for acquisition of 100% stake in Surya Vidyut Ltd |   | Paras Defence IPO subscribed 16.57 times on day 1, massive response from retail investors |  

NHPC signs MoU with Indian Army for construction of underground caverns

As per the MoU, NHPC shall be responsible for design and engineering, civil construction, project management and execution of the projects
New Delhi: A Memorandum of Understanding (MoU) has been signed between state-owned National Hydropower Corporation (NHPC) and the Indian Army for ‘Construction of underground caverns and semi-underground bunkers’ at various locations in India on turnkey basis at NHPC Corporate Office, Faridabad. Along with Cherian Mathew, Executive Director, Renewable Energy and Consultancy, Balraj Joshi, Chairman and Managing Director, NHPC, signed the MoU with Lieutenant General Nav K Khanduri, VSM, in the presence of Ratish Kumar, Director (Projects), NK Jain, Director (Personnel), Janardan Choudhary, Director (Technical) and Ved Prakash, CVO from NHPC. As per the MoU, NHPC shall be responsible for design and engineering, civil construction, project management and execution of the projects.