NTPC Ltd.

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NTPC to takeover first phase of Chhabra Thermal Power Plant in 1-2 months

Date: 13-09-2017

NTPC will complete the takeover of the first phase of Chhabra Thermal Power Plant from Rajasthan government and the deal for the 1,000 MW will be sealed in a month or two. The company is going by regulated depreciated book value and based on this calculation, the plant valuation has been arrived at Rs 4,000 crore. An agreement by the company, Rajya Vidyut Utpadan Nigam, and Rajasthan Urja Vikas Nigam (RUVNL) was signed in January 2017.

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.