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.