Aug 2, 2011

Indian NHPC to invest USD 3.4 billion in Myanmar

Indian state-run hydro power generation company NHPC would invest around Rs 15,000 crore (ca. USD 3.4 billion) for developing two projects in the neighbouring country Myanmar.

"NHPC is preparing detailed project report (DPR) for 1,200 MW Htamanthi and 660 MW Shwezaye Hydro Power Projects on Chindwin River in Myanmar," the company said in a statement

Source: The Economic Times