NTPC signed MoU with Himachal Pradesh govt. to build hydel plants:
NTPC Ltd signed a Memorandum of Understanding (MoU) with the Himachal Pradesh government. The agreement aims to set up two hydro projects totalling 520 MW in the state.
Aim:
The move is aimed to achieve NTPC`s goal of achieving 32 GW of renewable energy capacity by 2032. So far, 25% of its goal has been achieved.
Agreement on projects:
The Seli (400 MW) and Miyar (120 MW) projects would be set up at the Chenab basin in the Lahaul and Spiti district. The 2 hydroelectric plants would be run-of-the-river projects. Hence, no large reservoirs would be built in these rivers.
NTPC has already worked with the Himachal Pradesh govt. with Koldam Hydro Power Station with an installed capacity of 800 MW. This is the first hydropower project of NTPC Ltd.
National Thermal Power Corporation (NTPC) Ltd.
Founded on: 7 November 1975
Headquarters: New Delhi, India
Chairman & MD: Gurdeep Singh
NTPC, The Indian PSU, is engaged in the business of generation of electricity and allied activities.