NHPC Halves Capacity Addition Plan
State-owned NHPC Ltd, country's largest hydro power producer, has slashed its capital expenditure plan for the current Five-Year Plan by 31 per cent, as clearances and law-and-order-related issues have affected its projects' progress. The company has lowered the spending target for the Plan period ending in March 2017 from Rs 29,000 crore to Rs 20,000 crore. While the power ministry, NHPC's parent ministry, ...
Read more ›