NHPC signs implementation agreement for Dugar HE Project

As per Memorandum of Understanding (MoU) signed between NHPC Limited and Govt. of Himachal Pradesh on 25.09.2019 for execution of Dugar HE Project, an Implementation Agreement for the Project has been signed between the parties on 26.08.2022 at Shimla.

The agreement was signed in the august presence of Shri Jai Ram Thakur, Hon'ble Chief Minister, Himachal Pradesh, Shri A.K. Singh, Chairman & Managing Director, NHPC Limited and Shri Y.K. Chaubey, Director (Technical), NHPC Limited. The document was signed by Shri Suresh Kumar, General Manager (E) NHPC and Sh Harikesh Meena, IAS, Director (Energy), Directorate of Energy (DoE), Govt. of Himachal Pradesh.

NHPC Limited had signed a Memorandum of Understanding (MoU) with Government of Himachal Pradesh on 25.09.2019 for execution of 449 MW Dugar HE Project located in Chamba District, Himachal Pradesh. The project is a run of the river scheme on Chenab River. The estimated present day cost of the project is Rs 4112 Crores and will generate 1610 MUs in a 90% dependable year with 95% machine availability.

Shares of NHPC Limited was last trading in BSE at Rs. 35.55 as compared to the previous close of Rs. 35.30. The total number of shares traded during the day was 820740 in over 2004 trades.

The stock hit an intraday high of Rs. 36.00 and intraday low of 34.90. The net turnover during the day was Rs. 29125521.00.

Source : Equity Bulls

Keywords

NHPC INE848E01016 MoU ImplementationAgreement Dugar HydroElectricProject HimachalPradesh