NHPC enters into MoU with NLCIL for offer of surplus power to northern and north-east region

Capital Market 

has signed a Memorandum of Understanding (MoU) with Lignite Corporation of (NLCIL) in the area of Power Trading on 18 February 2019 at Chennai.

As per MoU, and NLCIL will offer surplus power available with northern and north-eastern region to the bulk consumer in the southern region of the Country at affordable price.

Both, and NLCIL are having category-I trading licence from CERC to trade power in whole of

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First Published: Wed, February 20 2019. 15:03 IST