In JV with Jharkhand Bijli Vitran Nigam
NTPC announced that a subsidiary of the Company has been incorporated in the name 'Patratu Vidyut Utpadan Nigam' on 15 October 2015 in joint venture with Jharkhand Bijli Vitran Nigam (JBVNL) to acquire, establish, operate, maintain, revive, refurbish, renovate and modernize the performing existing units and further capacity expansion of Patratu Thermal Power Station, District Ramgarh, Jharkhand.Patratu Vidyut Utpadan Nigam has an initial authorised and paid up capital of Rs. 10,00,000. NTPC shall hold 74% of the equity share capital in Patratu Vidyut Utpadan Nigam and balance 26% of the equity share capital shall be held by JBVNL.
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