Help Desk -
9717405332, 9599714297, 9810335381
Email
Password

NHPC to Monetise 10 Projects to Meet Disinvestment Target

Power News - Published on Fri, 20 Sep 2019

Image Source: energyinfrapost.com
India’s largest hydro power producer State run NHPC Ltd plans to leverage infrastructure investment trusts or InvITs to monetize 10 of its 22 projects, according to three people aware of the development. NHPC will soon hire a consultant to assess the feasibility of asset monetization of a few hydro power projects through the limited tender route, one of the three, a government official, said on condition of anonymity. The consultant will also provide “a cost-benefit analysis of adopting different options of the asset monetization schemes and its merits and demerits in the context of NHPC Ltd".

The government of India owns 73.33% equity in the Mini Ratna PSU that has an asset base of INR 59,609 crore. NHPC has a power generation capacity of 7,071 MW through its 22 operational hydro projects and two wind and solar projects. It also has four hydro projects totalling 4,424 MW under construction and 10 projects totalling 7,321 MW awaiting clearance.

Source :

Posted By : Rabi Wangkhem on Fri, 20 Sep 2019
Related News from Power segment