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Board of NHPC approves initiation of merger process for Jalpower Corporation

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Capital Market

At meeting held on 2 September 2021

The Board of NHPC at its meeting held on 24 September 2021 has approved the proposal to initiate the process of merger / amalgamation of Jalpower Corporation (Wholly Owned Subsidiary of NHPC) with NHPC as per applicable provisions of the Companies Act, 2013 subject to approval of Government of India.

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First Published: Sep 25 2021 | 11:29 AM IST

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