https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

NTPC and RVUNL Form Joint Venture to Operate Chhabra Thermal Power Plant in Rajasthan

The agreement, signed on Monday, establishes a 50:50 partnership between the two state-owned entities.
Indian Masterminds Stories

National Thermal Power Corporation (NTPC) has entered into a joint venture agreement with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) to jointly own and operate the Chhabra Thermal Power Plant in Rajasthan. The agreement, signed on Monday, establishes a 50:50 partnership between the two state-owned entities.

The Chhabra plant, located in Rajasthan, has a total capacity of 2,320 MW. Under the new partnership, both NTPC and RVUNL will share ownership and operational responsibilities of the plant, with plans to explore potential capacity expansions in the future.

As per the agreement, both entities will have equal rights to appoint directors to the joint venture company. However, NTPC will retain management control, including the authority to appoint key executives such as the Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Operating Officer (COO).

This strategic collaboration is seen as a significant move by NTPC to expand its footprint in the power generation sector, while also reinforcing RVUNL’s role in enhancing Rajasthan’s energy infrastructure.


Indian Masterminds Stories
Related Stories
NEWS
psuwatch_import_wp-content_uploads_2022_10_510537-1
BoB Reports 12.8% Loan Growth in Q4 of FY'25
nmdc resized
NSL Doubles Hot Metal Production, Eyes Full Capacity Amid Record Sales and Export Growth
Punjab-logo-resized
Punjab Officers to Mentor School Students
psuwatch_import_wp-content_uploads_2022_11_Arun-Kumar-Singh-bpcl-ongc-psu-watch
Global Oil Market Entering an Era of Plenty: ONGC Chairman
National_Thermal_Power_logo
NTPC Seeks Interest from Global Companies for Indigenising PWR Technology
Punjab-Police-Logo
Punjab Woman Constable Held with Heroin, Dismissed Amid IPS Link Allegations
Maharashtra Police
Retired IAS Officer Prabhakar Deshmukh Questioned for Three Hours by Satara Police
IAS Officers Indian Administrative Services (IAS)
Retired IAS Officer Booked in ₹105 Crore SCERT Scam
Videos
Padmapani Bora IRS
The Rise of Assam as India’s Most Exciting Tourist Spot | Exclusive with IRS Padmapani Bora
Sajjan Yadav | IAS
The Policy Maker Who Turned India’s Vaccine Story and UPSC Struggles into Bestsellers
WhatsApp Image 2025-03-21 at 14.33
Training The Cops In Mastering The Technology Used By Criminals
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
psuwatch_import_wp-content_uploads_2022_10_510537-1
BoB Reports 12.8% Loan Growth in Q4 of FY'25
nmdc resized
NSL Doubles Hot Metal Production, Eyes Full Capacity Amid Record Sales and Export Growth
Videos
Padmapani Bora IRS
Sajjan Yadav | IAS
WhatsApp Image 2025-03-21 at 14.33
ADVERTISEMENT
ADVERTISEMENT