NHPC, KSEB sign pact for solar project

State-owned NHPC and Kerala State Electricity Board have signed an agreement for development of solar power projects.

In the first phase under this agreement, NHPC shall take up implementation of 50 MW grid-linked solar power project at West Kallada Panchayat in Kollam District of Kerala, NHPC said in a statement.

Massive expansion It, however, did not elaborate financial details of the agreement between the two parties.

NHPC has an installation base of 5,702 MW from 17 hydropower stations on ownership basis including projects taken up in joint venture.

The company is presently engaged in the construction of seven projects aggregating to a total installed capacity of 4,095 MW.

It has drawn up a massive plan to add over 10,000 MW of hydropower capacity by the end of XIII plan (year 2022).