Mumbai, July, 22 (EPC News): NHPC has inked a memorandum of understanding with the Orissa Hydro Power Corporation (OHPC) and Government of Orissa for setting up a joint venture company for the development of three hydroelectric projects in the State of Orissa with cumulative installed capacity of 300 MW.
The company further emphasizes its operation on the implementation of Sindol-I (100 MW), Sindol-II(100 MW) and Sindol-III (120 MW) Hydro Electric Project in the first phase with annual energy generation capacity of 1090 million units. Orissa will get 12% free power from the generation of electricity from this project and 1% of the cost of power generated will be spent on peripheral development activities.
OHPC has an installed hydro power capacity of 2062 MW.
EPC News Bureau
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epcworld
| Posted on:7/22/2011 at 8:48 AM