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NTPC to wind up affiliate NTPC Hydro

06 Dec 2011 Evaluate

NTPC, India’s biggest power generation utility is likely to wind up one affiliate, NTPC Hydro (NHL) and exit a joint venture (JV) with European company Alstom SA as part of a restructuring exercise suggested by consultant Deloitte Touche Tohmatsu India. 

The company is also opting for exit from equipment manufacturing joint ventures such as NTPC-Bhel Power Projects, BF NTPC Energy Systems (BFNESL) and NTPC-Telk, a tie-up with Transformers and Electricals Kerala.

The entity is going for proposed restructuring due to it’s desire to ensure that its management bandwidth and resources aren’t stretched too thin. The company has 19 JVs and five subsidiaries in areas such as electricity distribution, services, energy efficiency, equipment manufacturing, power trading, power exchange and coal mining.

NTPC Share Price

343.50 -5.25 (-1.51%)
09-Jul-2026 16:59 View Price Chart
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Company Name CMP
NTPC 343.50
Tata Power 375.40
Power Grid Corpn. 281.15
Adani Power 216.30
Torrent Power 1412.20
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