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NTPC inks JV agreement with RVUNL

05 Nov 2024 Evaluate

NTPC has signed a Joint Venture (JV) Agreement with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) for Chhabra Thermal Power Plant on November 4, 2024.

The both parties have mutually agreed to form a 50:50 partnership JV Company, which will own and operate the Chhabra Thermal Power Plant and also explore opportunities for its capacity expansion.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.


Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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