NHPC Signs MoU With NLCIL For Power Trading
2019-02-21 Business Deals / Tie-ups Power Southern India
NHPC Limited has signed a Memorandum of Understanding (MoU) with Neyveli LigniteCorporation of India Limited (NLCIL) in the area of Power Trading at Chennai. As per MoU, NHPC and NLCIL will offer surplus power available with the northern and north-eastern region to the bulk consumer in the southern region of the Country at an affordable price. Both, NHPC and NLCIL are having the category-I trading licence from CERC to trade power in the whole of India.