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NHPC to commission two power projects by December, plans projects in Myanmar

Saturday, 14 Mar 2009
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NHPC plans to commission the 132 MW Teesta hydro-electric power project in West Bengal and the 120 MW Sewa-II project in Jammu & Kashmir by December.

The company has tied-up debt of about Rs.4,000 crore with state-run Power Finance Corporation and about Rs.6,500 crore with Life Insurance Corporation for funding its power projects during the current plan period (2007-12).

NHPC plans to set up two projects i.e. 1,200 MW Tamanti project and 640 MW Shwezaye hydro power project in Myanmar to harness the neighbouring country’s hydro potential as well. Presently, it is in discussions with the Myanmar government for the projects.

Also See:

NHPC to sign MoUs with Orissa for 12 projects (20-Feb-09)

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