NTPC, one of the largest power generators in the country, has reportedly signed a memorandum of understanding (MoU) with Jharkhand government for expansion of the Patratu thermal power station and increase power production. This development came nearly three months after the two sides signed a pact to form a JV. As per the earlier agreement signed on May 3, the capacity expansion would be completed in two phases -- 3x800 MW and 2x800MW -- tentatively by 2024/25.
NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.
