Governance Now Masterminds

NTPC to acquire Rajasthan-based Chhabra power station

Best practices of NTPC in efficiency and systems will improve performance of Chhabra project

GN Bureau | January 13, 2017


#PSU   #NTPC   #power project   #RUVNL   #RVUN  

 National Thermal Power Corporation Ltd (NTPC) has inked a memorandum of understanding with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUN) and Rajasthan Urja Vikas Nigam Limited (RUVNL) to take over Chhabra Thermal Power Plant stage one (4x 250 MW) and stage two (2x660 MW) of Rajasthan Rajya Vidyut Utpadan Nigam Limited.

The organisations would execute binding agreements based on the detailed due diligence that is  underway, an NTPC statement said.
A.K. Gupta, executive director (commercial) NTPC, N.K. Kothari CMD, RVUN and MD, Bannalal from RUVNL signed the MoUs.
 
The statement said that the best practices of NTPC in efficiency and systems will improve performance of Chhabra project. A large number of consumers of the state would also benefit.
 

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