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NHPC gets nod to acquire entire 2% equity stake of PTC India in Chenab Valley Power Projects

13 May 2021 Evaluate

NHPC has got approval of the concerned authority to acquire the entire 2 per cent equity stake of PTC India in Chenab Valley Power Projects. After the acquisition of the stake, the NHPC's share will increase to 51 per cent to become a majority stakeholder in Chenab Valley Power Projects.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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