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NTPC Ltd.
BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
341.50
-2.00 (-0.58%) NTPC gets nod for equity investment of up to Rs 2,269.75 crore in NPGCPL
Date: 22-01-2013National Thermal Power Corporation (NTPC) has received an approval for equity investment of up to Rs 2,269.75 crore in Nabinagar Power Generating Company (NPGCPL) to enable it to implement Nabinagar Super Thermal Power Project (3X660 MW) in Aurangabad District of Bihar.
NPGCPL is a 50:50 joint venture (JV) between NTPC and Bihar State Electricity Board. The board at its meeting held on January 21, 2013 has approved for the same.
NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.