India’s NHPC Limited to incorporate new subsidiary for energy projects

India’s NHPC Limited to incorporate new subsidiary for energy projects

NHPC Limited, an Indian government enterprise, is set to form a subsidiary company for developing renewable energy, small hydro, and green hydrogen projects. The hydropower company said that its board of directors has sanctioned the proposal of incorporating a fully-owned subsidiary company for the energy projects, subject to the approval of the Indian government. NHPC […]

NHPC, BSHPCL sign MoU for $330m Dagmara hydroelectric project in Bihar

NHPC, BSHPCL sign MoU for $330m Dagmara hydroelectric project in Bihar

NHPC Limited has inked a memorandum of understanding (MoU) with the Bihar State Hydroelectric Power Corporation Limited (BSHPCL) for executing the 130.1MW Dagmara hydroelectric project by the former on an ownership basis. The Dagmara hydroelectric project will be built along River Kosi in Supaul district with an investment of INR 24.35 billion ($330 million). The […]

NHPC, JKSPDCL create JV for 850MW Ratle hydroelectric project in J&K

NHPC, JKSPDCL create JV for 850MW Ratle hydroelectric project in J&K

NHPC Limited said that it has incorporated a joint venture company called ‘Ratle Hydroelectric Power Corporation Limited with Jammu and Kashmir State Power Development Corporation Limited (JKSPDCL). The Indian state-owned hydropower generation company will have a stake of 51% in the joint venture, while JKSPDCL will own the remaining stake of 49%. Ratle Hydroelectric Power […]

Ultracab (India) bags INR13.52cr purchase orders from PSUs

Ultracab (India) bags INR13.52cr purchase orders from PSUs

Ultracab (India) said that it has received purchase orders with a combined worth of around INR 1,352 lakhs from multiple public sector undertakings (PSUs) in India. The wires and cables manufacturer won the orders from Indian Railways, Power Grid Corporation of India, Gail (India), NHPC, PGVCL, and others. Headquartered in Shapar-Veraval, Rajkot, Ultracab (India) is […]