NHPC wants to expand into solar power and is looking for $600 million from Japanese banks.
The largest hydropower business in India, NHPC Ltd., is in discussions with three of the top banks in Japan about financing its growth into solar energy. According to finance director Rajendra Prasad Goyal, NHPC is in talks with Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc., and the Japan Bank for International Cooperation…