NTPC Ltd.

NTPC has signed a non-binding Memorandum of Understanding (MoU) with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL). The MoU between NTPC and RVUNL is to explore opportunities for adding supercritical units to the existing Chhabra Thermal Power Plant. 

Additionally, the parties aim to implement measures to enhance efficiency and reduce the power generation cost of the plant's existing units. The MoU also includes the undertaking of 15-year to 20-year annuity-based Renovation and Modernization (R&M) of old thermal units of RVUNL, by NTPC or its affiliates. 

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.