NHPC signs MOU with NLCIL for Power Trading

NHPC signed MOU with Neyveli Lignite Corporation of India Limited (NLCIL) in the area of Power Trading on 18.02.2019 in Chennai. NLCIL is having vast experience in lignite mining, installation and operation of Thermal Power Plants both lignite & coal based and also wind & solar power projects.
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.

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