NHPC signs MoU with HIDCL to develop projects in Nepal

NHPC Limited and Nepal’s Hydropower Investment and Development Company Limited (HDCL) have signed a memorandum of understanding (MoU) to jointly develop hydropower projects in Nepal.

Both organizations had shared letter of intents for the purpose in November 2019. The MoU was signed through a video conference between the NHPC corporate office at Faridabad and the HIDCL Office in Kathmandu due to the ongoing COVID 19 pandemic situation and restrictions.

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