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Outcome of board meeting of NHPC

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Capital Market
Last Updated : Oct 31 2014 | 2:31 PM IST

Held on 30 October 2014

NHPC announced that the Board of Directors of the Company at its meeting held on 30 October 2014, decided to extend financial assistance to the Civil Works Contractor HCC to enable completion of balance works of Teesta Low Dam Hydroelectric Project Stage-IV.

Further, Government of India has accorded its approval for infusion of equity upto Rs. 1605 crore in the Company's Joint Venture Company Chenab Valley Power Projects (CVPPPL) for construction of Pakal Dul (1000 MW) and for initial investment in Kiru (660 MW) and Kwar (560 MW) HE Projects.

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First Published: Oct 31 2014 | 1:55 PM IST

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