New Delhi, May 4: Country's largest hydro-power utility, National Hydro Power Corporation (NHPC), has said it expects to bag a 600 MW project in Bhutan in the next 2-3 months.
''We have prepared a detailed project report (DPR) for the 600 MW Manjdechu project, for which the Ministry of External Affairs is in talks with the Bhutan government...It will take about 2-3 months to finalise the deal,'' NHPC Director (Projects) S K Dodeja said here. The firm is also eying another 1,100 MW project, Punatsangchu, in Bhutan, which is in the initial stages. The hydropower utility has not prepared the DRP for the second project which will take about one and a half year, Mr Dodeja added.
Bhutan is estimated to have a potential to generate 30,000 MW of hydropower, it has an installed capacity of only 1,490 MW. The major river systems in Bhutan are Torsa, Wangchu, Sankosh and Manas.
As part of its overseas expansion, the company together with BHEL is working on a small project of 4.7 MW in Tazakhistan for renovation and modernisation, NHPC CMD S K Garg said.
Mr Garg ruled out the possibility of diversifying its business.
''At present, the company has no plan to diversify its business, saying 70 per cent hydro potential is still to be exploited in India.'' However, Narmada Hydroelectric Development Corporation Ltd (NHDC), a joint venture of NHPC and Madhya Pradesh, is planning to diversify into wind power sector in Madhya Pradesh.
''The Board of Directors have approved the decision to diversify its business towards wind power in Madhya Pradesh, as there is great potential for wind power there rather than hydropower.'' the CMD added.
Set up in 2007, NHDC, the largest organisation for hydropower development in Madhya Pradesh, has been entrusted with the construction of Indira Sagar Project (1,000 MW) and Omkareshwar Project (520 MW).