NHPC's subsidiary gets pump hydro storage site in MP

NHPC Limited has announced to the exchanges that its subsidiary company NHDC Limited has been allotted a Pump Hydro Storage in Khandwa, Madhya Pradesh.

According to the regulatory filing, the project has been allotted in Village Narmada Nagar, Punasa, Dist. Khandwa, Madhya Pradesh with estimated storage capacity of 525 MW X 6 hours, by New and Renewable Energy Department, Govt. of Madhya Pradesh, the company said.

During the afternoon trade, shares of NHPC were trading in the green by 0.33% at Rs45 per share on the BSE.

Source: Media reports