NHPC Limited has signed Memorandum of Understanding (MoU) with BHEL for Consultancy and Co-operation in Hydroelectric Projects on 3rd September 2018 at its Corporate Office, Faridabad. The MoU was signed by Shri Cherian Mathew, Executive Director (RE & C), NHPC and Shri A. M. Gupta, Executive Director, Hydro Business Group, BHEL. Shri Ratish Kumar, Director(Projects), NHPC, Shri Nikhil Kumar Jain, Director (Personnel), NHPC, Shri M. K. Mittal, Director (Finance), NHPC and Shri Janardan Choudhary, Director (Technical), NHPC were also present on the occasion along with other senior officers of NHPC and BHEL.
The MoU has been signed with the intent of Cooperation towards leveraging of respective strengths and competencies for mutual benefit of both the organizations in the field of hydroelectric projects. As per the MoU, both the professional giants would cooperate in joint bidding for consultancy works and hydroelectric projects, wherein, NHPC shall be responsible for Civil Works and Hydro Mechanical works and BHEL shall be responsible for electro-mechanical works. The MoU will consider mutual co-operation on projects in India and shall remain in force for a period of three years from the date of its signing.
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