Government Considering Selling NTPC’s Two Hydro Power Firms to NHPC

Government considering selling NTPC’s two hydro power firms to NHPC

By C-DEP Team

The Government of India is looking at selling state-owned NTPC Ltd’s two hydro power firms to NHPC Ltd to create a single hydro power company that would improve efficiency and cut costs, Power and Renewable Energy Minister, R K Singh reportedly told a news agency. Currently, solar power projects meet nearly a-fifth of India’s peak-hour energy demand during the day.