NHPC to develop hydroelectric projects in Darjeeling

NEW DELHI: State-run NHPC today said it will set up 4 hydroelectric projects with a total generation capacity of 293 MW in the Teesta Basin of Darjeeling.

In a BSE filing, NHPC said: "An agreement has been signed on July 3, 2015 for the development of four hydroelectric projects of total estimated capacity of 293 MW, in Teesta Basin, amongst West Bengal government, West Bengal State Electricity Distribution Company and NHPC at Kolkata."

The four projects are -- Teesta Low Dam-V, Teesta low dam I & II combined, Teesta Intermediate Stage and Rammam Stage-I, all located in District Darjeeling of West Bengal, it added.

These projects shall be developed on build, own, operate and maintain (BOOM) basis by NHPC, the filing said.

Shares of NHPC today fell by 1.02 per cent to settle at Rs 19.40 per share at the BSE.