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NTPC, UPRVUNL sign SJVA-III to enhance capacity of Meja Stage-II

05 Jun 2026 Evaluate

NTPC and Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL) have signed Supplementary Joint Venture Agreement (SJVA)-III for Meja Urja Nigam (MUNPL), a 50:50 JV Company of NTPC & UPRVUNL on June 4, 2026 at Lucknow for incorporation of provisions related to capacity enhancement of Meja Stage-II from 2x660 MW to 3x800 MW in the Joint Venture Agreement.

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 315.05
Tata Power 347.95
Adani Power 194.05
Power Grid Corpn. 253.40
Adani Energy Solut. 1316.00
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