Updates on NHPC Ltd reply to clarification sought by the exchange

• Security Code: 533098
• Company: NHPC

The Exchange had sought clarification from NHPC Ltd with respect to news appearing in Mint on January 08, 2015 titled "Three NHPC power stations shut in a blow to disinvestment plans."

NHPC Ltd submitted further clarification stating :

"The three power stations namely Uri-II, Parbati-Ill and Teesta Low Dam 111 are under shutdown as on date. The Uri 11 Power Station is shut down due to fire in GSU transformer of Unit # 2 leading to damage of all 400 KV XLPE cable resulted into stoppage of generation of the power station and the same was communicated to the exchange on November 20, 2014. Two units & one transmission line of URI II is expected to be restored by March 31, 2015, third unit by 2nd week of April 2015 and fourth unit & second transmission line by 3rd week of June'2015. It is to further inform that URI II power station is covered under comprehensive insurance policy taken by the company and the loss of profit due to such incident is covered therein. Parbati III Power station is under planned shut down for the annual maintenance of all the four units simultaneously and likely to be restored by 2nd week of Feb'2015. Teesta Low Dam III is also under annual maintenance of all the four units along with HV testing of line breaker refurbished recently and expected to be restored by January 15, 2015."