New Delhi, July 29 (IANS) The Himachal Pradesh government on Friday signed a memorandum of understanding with two hydroelectric companies to set up a hydro engineering college in the state’s Bilaspur district.
The agreement with the National Thermal Power Corporation and the National Hydro Power Corporation was inked here in the presence of Union ministers J.P. Nadda and Piyush Goyal and state Technical Education Minister G.S. Bali.
The college will come up at Bandla at a cost of Rs 125 crore, for which both public sector undertakings have committed Rs 37.50 crore and Rs 25 crore each in the first and second phase respectively.
Nadda assured the Power Ministry that all possible support would be extended for the timely completion of the project.
He said Prime Minister Narendra Modi would soon visit the state to lay the foundation stone.
Goyal said the engineering college would initially introduce five courses, each having 60 seats.
Bali said the state has identified and transferred the land to the proposed college.