Comments
The board of directors of NHPC on Thursday approved amending the company’s Memorandum of Association to enable it to apply to power regulator CERC for a trading licence. The decision is in line with the Power Ministry’s plan to make NHPC an aggregator to help meet the demand of peaking power.
At present, NHPC cannot do so because it does not have a trading licence. The amendment to the MoU will be subject to shareholders’ approval.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.