India makes foray into Nepals power sector
Initials PPA for ADB-promoted Hydroelectric Power Project 90 per cent of the power will be bought by India Nepal will get a revenue of $60 million per annum NEW DELHI: The Power Trading Corporation (PTC) and Australian company Snowy Mountain Corporation have initialled a Power Purchase Agreement (PPA) for the Asian Development Bank-promoted 750 MW West Seti Hydroelectric Power Project in Nepal.