NHPC signs MoU with NLCIL for power trading

NHPC Limited has signed an MoU with Neyveli Lignite Corporation of India Limited (NLCIL) for power trading in Chennai. As per the MoU, NHPC will offer the surplus power available with the northern and north-eastern regions to NLCIL, which will, in turn, offer it to bulk consumers in the southern region. Both NHPC and NLCIL hold a Category I trading licence.