Shimla: The state government and National Thermal Power Corp (NTPC) singed and memorandum of agreement for setting up an engineering college at Bilaspur here today.
The agreement was signed between SC Gupta, general manager of Kol Dam Hydroelectric project and SK Das, principal secretary technical education in the presence of chief secretary Rajwant Sandhu.
Proposed to be set up with a cost of Rs 100 Cr, under the agreement NTPC would be contributing Rs 37.5 crore for the new engineering institute, said Sandhu.
Others present on the occasion included Deepak Sanan, principal secretary revenue and Ajay Tyagi, principal secretary industries, Manish Garg, secretary finance and JC Chauhan special secretary technical education.
The state government has been pressing the central government for a long time to start an engineering college at Bilaspur that should be funded by NTPC and National Hydroelectric Power Corp (NHPC), central government organizations that are executing large hydropower projects in Himachal Pradesh.
Though the central government has so far refrained from making any such commitment but inking an agreement with NTPC has laid the basis for starting an engineering institute, while NHPC has so far steered clear of any such agreement.
While NTPC is executing the 800 MW Kol Dam project on Satluj River, NHPC is at an advanced stage of executing the 900 MW Parbati project in Kullu district.