NTPC forms joint venture company Aravali Power Company Pvt Ltd

National Thermal Power Corporation Ltd (NTPC) has announced that the Company has formed a joint venture Company under the name and style of "Aravali Power Company Pvt Ltd" on December 21, 2006 with Haryana Power Generation Corporation Ltd (A Government of Haryana Undertaking) holding 25% equity and Indraprastha Power Generation Company Ltd (A Govt. of NCT of Delhi Undertaking) holding 25% equity and the Company holding 50% equity. This Company has been formed mainly to establish a 1500 MW Coal based power plant in the State of Haryana.

Source : Equity Bulls

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