NHPC, OHPC joint venture to set up 320 MW units
NHPC and Orissa Hydro Power Corporation (OHPC) have formed a joint venture (JV) to build three hydro power projects with a total capacity of 320 MW at an estimated cost of Rs 2,600 crore in the state, which are expected to be commissioned in 4-5 years. All the three hydel projects will come up on the Mahanadi river. The projects will be set up under the banner of a JV in which NHPC will hold 51 per cent with the balance 49 per cent share held by the OHPC.
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