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NTPC signs JV agreement with Power Grid

Power News - Published on Thu, 27 Jun 2019

Image Source: NTPC
NTPC Limited has announced the signing of a Joint Venture Agreement with Power Grid Corporation of India Limited to incorporate a Joint Venture Company (JVC) between NTPC and POWERGRID with equity participation of 50:50 respectively with an objective to undertake the business for distribution of electricity in distribution circles in various States and Union Territories of India and other related activities.

The aforesaid JVC shall be incorporated only after obtaining necessary approvals of the Government.

Source :

Posted By : Ratan Singh on Thu, 27 Jun 2019
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