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NHPC Ltd, the hydroelectric power developer, and Bharat Heavy Electricals Limited (BHEL), the manufacturer of heavy electrical equipment, have agreed for joint development of hydroelectric projects in overseas markets.
“The company has signed a memorandum of understanding (MoU) with BHEL for undertaking of hydropower projects in overseas markets,” said NHPC in a BSE filing on July 21, 2016. According to the MoU, NHPC will handle the civil engineering work of the projects, while BHEL will look after the electro mechanical package.
Presently, NHPC is engaged in the construction of five projects aggregating to a total installed capacity of 4290 MW including 1000 MW (Pakal Dul HE Project) being executed through JV company. Ten projects of 7151 MW are awaiting clearances and government approval for their implementation including three projects of 1186 MW to be executed through subsidiary/joint venture companies.
BHEL is an integrated power plant equipment manufacturer and one of the leading engineering and manufacturing companies in India engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products and services for core sectors of the economy, such as power, transmission, industry, transportation (railways), renewable energy, oil & gas, water and defence with over 180 products offerings to meet the needs of these sectors.
