NHPC inks MoU with PTC India for sale of power to be generated from upcoming power projects in Nepal

NHPC Limited has signed a memorandum of understanding (MoU) with PTC India Limited for sale of power to be generated from upcoming West Seti and Seti River-6 Projects in Nepal.

As per the MoU, PTC will purchase the contracted capacity from NHPC from date of commercial operation of above projects for onward sale to the state utilities/discoms/bulk consumers on long term basis in India and neighboring countries. PTC will also endeavor to sell any untied capacity on medium/short term basis or on power exchanges.

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