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News Brief | May 2014

PSU hydropower firms to build Rs.25k-crore projects in Bhutan

Bhutan has allocated four projects to NHPC, SJVN and THDC for implementation in joint ventures with Bhutan´s state-owned companies. Indian banks and financial institutions are expected to finance these projects. Along with the slew of domestic projects being planned, projects in hydro-resource-rich Bhutan are expected to help the Indian PSUs maintain growth momentum.
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