NTPC, NHPC and Himachal Pradesh have signed an MoU for setting up Hydro Engineering College in the State of Himachal Pradesh to promote technical education in the State. The engineering college is coming up at Badla, Bilaspur District in the state of Himachal Pradesh. Land for this project is identified. NTPC, NHPC and will be represented in the Governing Body of the College which will be affiliated to Himachal Pradesh Technical University. NTPC & NHPC are committed to contribute Rs. 37.50 crore each in the first tranche for setting up this institution.