NHPC suffered expected loss of Rs 233.56 cr due to flash floods in Sikkim
State-run hydro power giant NHPC on Wednesday said it suffered an expected loss of Rs 233.56 crore due to flash floods in its Teesta-VI hydro power project in Sikkim.
The project was affected due to flash floods in Teesta basin on October 4, 2023.
“Teesta-VI Hydro Electric Project, Sikkim (500 MW) being executed by Lanco Teesta Hydro Power Ltd, a wholly-owned subsidiary of NHPC Ltd, which was affected due to flash flood in Teesta Basin on October 4, 2023,” the company said in a regulatory filing.
The expected quantum of loss/ damage caused due to the natural calamity/ other force majeure events is Rs 233.56 crore approximately, it said.
