Monday , October 25 2021

NHPC gets nod to acquire entire 2% equity stake of PTC India in Chenab Valley Power Projects

NHPC has got approval of the concerned authority to acquire the entire 2 per cent equity stake of PTC India in Chenab Valley Power Projects. After the acquisition of the stake, the NHPC’s share will increase to 51 per cent to become a majority stakeholder in Chenab Valley Power Projects.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.

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