As per MOU, NHPC will offer surplus power available with Northern & North-eastern region to NLC India Limited who in turn offer the same to the bulk consumer in the southern region of the country. Both, NHPC & NLCIL are having category –I trading license from CERC for trading of power in whole of India.
The MOU was signed by Sh. Dipankar Chakraborty, Chief General Manager (Finance), NHPC Limited and Sh. A. Ganesan, Executive Director (Commercial), NLCIL in Chennai in the presence of Sh. Rakesh Kumar CMD, Sh. R. Vikraman, Director (HR) and Sh. Nadella Naga Maheshwar Rao, Director (Planning & Projects) of NLCIL through video-conferencing.