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NTPC Inks JV Agreement with RVUNL for 2320 MW Chhabra Thermal Power Plant in Rajasthan
NTPC Ltd. has announced a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Ltd. (RVUNL) to jointly own, operate, and explore capacity expansion for the 2320 MW Chhabra Thermal Power Plant in Rajasthan.
November 05, 2024. By Mrinmoy Dey
NTPC Ltd. has recently announced that the company has signed a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Ltd. (RVUNL) for Chhabra Thermal Power Plant in Rajasthan.
“This is to inform that NTPC Ltd. has signed a Joint Venture Agreement with Rajasthan Rajya Vidyut Utpadan Nigam Ltd. (RVUNL) for Chhabra Thermal Power Plant on November 4, 2024,” shared the company in a regulatory filing.
It further stated that RVUNL has 2320 MW (Stage-1: 4x250 MW Units and Stage-2: 2x660 MW Units) plant at Chhabra.
“Both Parties have mutually agreed to form a 50:50 partnership JV Company which will own and operate the said power plant and also explore opportunities for its capacity expansion,” it said.
“This is to inform that NTPC Ltd. has signed a Joint Venture Agreement with Rajasthan Rajya Vidyut Utpadan Nigam Ltd. (RVUNL) for Chhabra Thermal Power Plant on November 4, 2024,” shared the company in a regulatory filing.
It further stated that RVUNL has 2320 MW (Stage-1: 4x250 MW Units and Stage-2: 2x660 MW Units) plant at Chhabra.
“Both Parties have mutually agreed to form a 50:50 partnership JV Company which will own and operate the said power plant and also explore opportunities for its capacity expansion,” it said.
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