Hydro Projects
In view of the great success of private sector players in bagging hydroelectric projects has prompted NHPC Ltd to look for forging joint ventures with independent power producers to add to its generation capacity. The player, which has lost projects to private players, has recently invited expression of interest from independent power producers "having allocated hydroelectric projects" in various States for the formation of joint venture for the implementation of the projects, said official sources, adding that the last date for submitting expressions of interest and opening of technical proposal is October 14, 2013. In the recent past most of the hydroelectric projects allocated by States have been bagged by private players such as Jindal Steel & Power Ltd, Jaiprakash Associates, Jaypee Infrastructure and GMR Infrastructure. In addition to this, score of NHPC projects in the North-East, Himachal Pradesh and Jammu and Kashmir are facing protests from locals and regulatory clearances are not yet in place, preventing the company to go ahead with projects. The prevailing scenario leaves NHPC with no green field projects for its capacity addition. Currently, the company has an installation base of 5,295 MW from 14 hydropower stations on ownership basis including projects taken up on joint venture module, they added.