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Our Bureau

Hyderabad , Feb. 25

NTPC has signed a memorandum of understanding (MoU) with Administrative Staff College of India (ASCI) for carrying out joint research and prepare "well-documented policy options" that would contribute to reform and sectoral growth in the area of generation, transmission and distribution of power.

Mr G.K. Agarwal, Executive Director (Power Management Institute), NTPC, and Dr E.A.S. Sarma, Principal of ASCI, signed the MoU today. "The MoU intends to conduct joint research in the areas of resource mobilisation and its efficient utilisation, options in statutory framework and environmental issues to facilitate sectoral reform and growth," said an NTPC release. Stating that the power sector was passing through a critical transition phase, it said that liberalisation, evolving regulatory framework and newer technologies were set to bring in a new era of speedy development in the sector.

More Stories on : Alliances & Joint Ventures | Power | Research & Development

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