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Public sector undertaking NTPC Ltd will be looking to acquire hydropower projects in a bid to continue diversifying its energy generation portfolio.
Speaking to reporters on the sidelines of the International R & D Conclave being organised by the Central Electricity Authority, the company CMD, Gurdeep Singh said, “We will call for bids to acquire 1,000 MW of hydropower projects within a month.”
This will be similar to the call for acquiring thermal power projects that NTPC had issued recently. The company is open to prospective sellers approaching them and they want the sellers to come forward.
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