NHPC, the hydro-electric power producer is likely to form a 51:49 JV with the
Orissa government for setting up power projects in the state.
The company is expected to sign an MoU with the state shortly. The agreement
with the state government will be for developing power plants and conducting
repair and maintenance works of the proposed power plants in Orissa. The
financial aspects and power sharing modalities will be discussed at a later
stage.
Also See:
NHPC to
commission two power projects by December, plans projects in Myanmar (14-Mar-09)