NHPC, an Indian electric utilities company, announced that it has
signed promoters’ agreement with government of Odisha and Odisha Hydro
Power Corporation on December 21st 2013.The agreement is for formation of a joint venture company for
implementation of 6 hydroelectric projects with an aggregate installed
capacity of 1020 MW.
Shares of the company gained INR 0.05 or 0.27%, to trade at INR 18.75. The total volume of shares traded was 540,047 at the BSE.
Source:- http://indianpowersector.com/home/2013/12/nhpc-signs-agreement-with-govt-of-odish-and-odisha-hydro-power-corporation/
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