LDHCL signs Power Purchase Agreement with MSPDCL
Source: The Sangai Express
Imphal, September 01 2020:
Loktak Downstream Hydroelectric Corporation Limited (LDHCL), a joint venture of NHPC Ltd and Govt of Manipur has signed a Power Purchase Agreement (PPA) with Manipur State Power Distribution Company Limited (MSPDCL) for 66 MW Loktak Downstream Hydroelectric Project on Monday.
The upcoming project is located in Manipur.
According to the PPA, the Govt of Manipur will purchase the entire power generated from this project.
The agreement was signed by Amitabh Srivastav, Chief Executive Officer of LDHCL and L Priyokumar Singh, Managing Director of MSPDCL.
It may be mentioned that NHPC Ltd is the premier hydropower company of India.
It is a Schedule 'A' Miniratna company of Govt of India.
NHPC commissioned Loktak Power Station in Manipur in 1983 with a capacity of 105 MW .
NHPC Limited presently has an installation base of 7071.2 MW from 24 power stations including projects taken up in joint venture.