THDC India limited (THDCIl) signed a Memorandum of Understanding defining the Performance Guarantee Parameters for the financial year 2013-14 with Ministry of Power (MOP) in New Delhi on Monday.
On behalf of Ministry of Power, P Uma Shankar, Secretary (Power) and on behalf of THDCIl, RST Sai, CMD signed the MOU in the presence of G Sai Prasad, Joint Secretary (Hydro), Rakesh Jain, Joint Secretary (Finance) and Deepak Sarwal and GM (SP), THDCIl. Since the commissioning of its first project viz Tehri Dam and Hydro Power Plant (THPP-1000 MW), a multipurpose project on the river Bhagirathi in 2006-07 and Koteshwar HEP (400 MW) in 2011-12, THDCIl is a profit making organisation and has generated 20,683.59 MU till March 24, 2013.