RK Singh asks THDCIL and NEEPCO to bid for Solar & Wind Projects

• In a review meeting RK Singh directed THDCIL and NEEPCO to bid for Solar & Wind Projects
• Union Power Minister asked both the CPSEs to increase their CAPEX and to spend 90% of it by the end of Q3

New Delhi: Union Minister of Power and New & Renewable Energy, RK Singh took review meetings of the Tehri Hydro Development Corporation Limited (THDCIL) and North Eastern Electric Power Corporation Limited (NEEPCO), here, on Friday. A direction given to both the CPSUs was to bid for Solar/Wind projects. The minister also directed both the CPSEs to increase their Capital Expenditure (CAPEX) and to spend 90% of their CAPEX by the end of Q3.

Minister appreciated the progress made by THDCIL for the initiatives taken by them in the installation of Carbon Capture Technology for the Khurja Super Thermal Power Project (2 X 660 MW). He also commended the initiative of THDCIL for diversification in the field of 'Green Hydrogen' under the 'National Green Hydrogen Mission' and to develop 800 MW capacity Green Hydrogen production and storage project on a commercial scale in Chitrakoot District of Uttar Pradesh.

THDCIL was also asked to create two new divisions in the company, one each for the construction of Thermal Power Plants and another for the development of Mines.

Singh expressed concern on NEEPCO's high manpower/megawatt strength and advised the CPSU to bring it within norms fixed by CEA. He directed NEEPCO to diversify the operations of NEEPCO in Renewable Energy and also expand its area of operations to PAN India.

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