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Wednesday, 24 May 2017

The state-owned electric utility company, NHPC Limited is planning to work on five hydroelectric projects in the district of Pithoragarh with a combined power generation capacity of 1285 MW, reported the leading national business daily.

The sanctioned projects include Dhauliganga, Chungarthal, Garva, Goriganga Phase 2 and Karmoli Lumti. The five different detailed project reports will be prepared and sent to the Union Ministry of Power for approval and the work is likely to start as soon as the government gives the proposal.

NHPC Limited is trading weak in the second half of the Wednesday’s trade. The stock witnessed trading volume of 15,43,959 shares and traded value of Rs 4.53 Cr. The company has scheduled its board meeting on May 30, 2017, to consider and approve the financial results for the quarter ended March 31, 2017.

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