NTPC, RVUNL sign pact to jointly own, operate 230 MW Chhabra Thermal Power plant

2 hours ago 1

NTPC has signed an statement with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) to jointly ain and run Chhabra Thermal Power Plant successful Rajasthan.

The associated task statement betwixt the 2 entities was signed connected Monday, NTPC said successful a regulatory filing.

RVUNL has a 2,320 MW works astatine Chhabra successful Rajasthan.

"Both Parties person mutually agreed to signifier a 50:50 concern associated task institution which volition ain and run the said powerfulness works and besides research opportunities for its capableness expansion," it said.

As per the agreement, Both entities person adjacent rights to name directors. However, the absorption power shall stay with NTPC.

NTPC has the close to name Chief Executive Officer (CEO), Chief Financial Officer (CFO) and Chief Operating serviceman (COO), the filing said.

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Nandigram Times

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.nandigramtimes.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article