Team News Riveting
New Delhi, October 2
Union Minister of Power and New and Renewable Energy R K Singh had directed Tehri Hydro Development Corporation Limited (THDCIL) and North Eastern Electric Power Corporation Limited (NEEPCO) to diversify in the renewable energy and bid for solar, and wind projects.
The minister, who chaired a review meeting for both the Central Public Sector Undertakings (CPSUs), also directed both the companies to increase its capital expenditure (CAPEX) and to spend 90 per cent of it by the end of quarter three (Q3) of the current financial year.
Singh appreciated the progress made by THDCIL for the initiatives taken by it in installation of Carbon Capture Technology for the Khurja Super Thermal Power Project (2 X 660 MW). He also commended the initiative of THDCIL for diversification in the field of ‘Green Hydrogen’ under the ‘National Green Hydrogen Mission’ and to develop 800 MW capacity Green Hydrogen production and storage project on commercial scale in Chitrakoot District of Uttar Pradesh. THDCIL was also asked to create two new divisions in the company, one each for construction of Thermal Power Plants and another for development of Mines.
The Minister expressed concern on NEEPCO’s high manpower/megawatt strength and advised the CPSU to bring it within norms fixed by CEA. He directed NEEPCO to diversify the operations of NEEPCO in Renewable Energy and also expand its area of operations to PAN India.
