NTPC signs JV agreement with RVUNL for Chhabra Thermal Power Plant

NTPC Limited has signed a Joint Venture Agreement with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) for Chhabra Thermal Power Plant on 4th November 2024.

RVUNL has 2320 MW (Stage-1: 4x250 MW Units & Stage-2: 2x660 MW Units) plant at Chhabra and 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.

Shares of NTPC Limited was last trading in BSE at Rs. 400.85 as compared to the previous close of Rs. 411.50. The total number of shares traded during the day was 654019 in over 27930 trades.

The stock hit an intraday high of Rs. 417.00 and intraday low of 393.95. The net turnover during the day was Rs. 262917349.00.

Source : Equity Bulls

Keywords

NTPC INE733E01010 JVAgreement RVUNL ChhabraThermalPowerPlant 2320MW