×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

NHPC has not curtailed capex plans- CMD

NHPC has not curtailed capex plans- CMD
Comment E-mail Print Share
First Published: Fri, Mar 13 2009. 11 05 AM IST
Updated: Fri, Mar 13 2009. 11 05 AM IST
New Delhi: NHPC has not curtailed its capex plans and has already tied down most of the funding required, a top official said on Friday.
“We have not curtailed our capex plans, we are going as strong as before the economic meltdown,” S.K. Garg, its chairman and managing director, told an industry conference.
NHPC has outlined a capital expansion of Rs210 billion in the five years ending 2011-12.
“Most of our capex is tied down with financial institutions and funding agencies,” Garg added.
Comment E-mail Print Share
First Published: Fri, Mar 13 2009. 11 05 AM IST