NHPC Revises its Strategy to Focus on Thermal Projects
The state-owned hydropower company NHPC Ltd has decided to also focus on developing thermal power plants in India in a move that will put it in direct competition with another state-owned company, NTPC Ltd. The main reason would seem to be the long-gestation period of hydropower projects as well as delays in clearances. With projects that will generate 3,808.5 megawatts (MW) delayed due to issues such as di ...
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