NTPC Ltd.

Indian energy company NTPC has received its shareholders approval to merge one of its hydro projects unit, NTPC Hydro (NHL), with itself as a part of its business restructuring process. NHL was formed as a wholly owned subsidiary company of NTPC with an objective to develop small and medium hydroelectric power projects of up to 250 MW.

In addition, the company is planning to terminate the joint ventures including NTPC-Alstom Power Services, BF-NTPC Energy Systems (BFNESL) and NTPC-Telk.

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.