NHPC has incorporated a new joint venture (JV) company - Chenab Valley Power Projects on June 13, 2011. The JV company will implement Pakal Dul and other hydroelectric projects with an aggregate install capacity of about 2100 MW in the Chenab river basin of Jammu & Kashmir. The paid up equity share capital in the Chenab Valley Power Projects shall be contributed by NHPC, Jammu & Kashmir State Power Development Corporation and PTC India in the ratio of 49:49:2 respectively.
Earlier, pursuant to promoter's agreement amongst Jammu & Kashmir State Power Development Corporation, NHPC and PTC India all three parties signed on December 31, 2010, to form a joint venture company in the name of Chenab Valley Power Projects.
NHPC is engaged in the planning, development and implementation of an integrated and efficient network of hydroelectric projects in India. It executes all aspects of the development of hydroelectric projects, from concept to commissioning.
Company Name | CMP |
---|---|
NTPC | 371.35 |
Tata Power | 449.55 |
Power Grid Corp | 324.60 |
Adani Power | 761.85 |
Torrent Power | 1606.00 |
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