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NTPC likely to buy central government’s stake in SJVN

NTPC likely to buy central government’s stake in SJVN

NTPC is likely to acquire the central government’s stake in SJVN. But, the acquisition deal is stuck because of resistance from Himachal Pradesh government and the company is discussing about it.

SJVN is a joint venture between central government and Himachal Pradesh government, with the Centre holding 63.79% stake and the latter holding 26.85% at the end of September.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

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