State run hydro power generation company NHPC would invest around INR 15,000 crore for developing two projects in the neighboring country Myanmar.

NHPC in a statement said that "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 cost incurred for producing one megawatt of hydro power is approximately INR 8 crore.

Currently, NHPC has 14 operational power stations with a total installed capacity of 5,295 MW. NHPC has commissioned the 14.1 MW Devighat Project in Nepal and 60 MW Kurichu Project in Bhutan on turnkey basis.

The company is providing its technical expertise in the area of hydro power development in countries like Myanmar, Bhutan and Tajikistan.

(Sourced from ET)