The National Hydro-electric Power Corporation (NHPC) has obtained the concurrence of Central Electricity Authority (CEA) for 600-MW Tawang-I and 800-MW Tawang-II projects in Arunachal Pradesh.

Environment clearances have also been accorded by the Union Environment and Forest Ministry for both these projects, an NHPC communiqué said here today.

The corporation has achieved the highest-ever net profit of Rs 2,771.77 crore during 2011-12 which is 27.93 per cent higher than that earned during 2010-11.

NHPC registered a sales turnover of Rs 5,509.65 crore against Rs 4,046.59 crore last year, it said.

The Centre has allowed NHPC on its own to plan, promote and organise an integrated and efficient development of power through conventional and non-conventional sources in India and abroad.