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NTPC inks 50:50 joint venture deal with Bangladesh's PDB

30 Jan 2012 Evaluate

State-owned power producer, NTPC has struck 50:50 joint venture deal with Bangladesh's state-owned Power Development Board (PDB). The pact signed is for building a 1320 MW coal-fired power plant, the country's biggest, to help ease acute power shortages.

Under the pact, a JV company will be floated to install and operate the plant while the PDB and the NTPC will implement the Rs 7,512 crore project. Meanwhile, of the total project cost, 70 per cent will be arranged through loans and the rest will be equally shared between the JV partners.

Recently, the company has received approval from Ministry of Environment and Forests (MoEF) for its 2,400-Mw (3x800 MW), Stage-I Kudgi Super Thermal Power Project being set up in Bijapur district of adjoining Karnataka.

NTPC Share Price

400.00 0.85 (0.21%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 400.00
Tata Power 441.35
Adani Power 227.50
Power Grid Corp 319.25
Torrent Power 1722.35
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