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NTPC forms JV for 1320 MW UP plant

April 3, 2008

NTPC has announced that it has formed a Joint Venture company with the Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. under the name Meja Urja Nigam Pvt Ltd.

The JV will set up a power plant of 1320 MW (2X660 MW) at Meja Tehsil or any other suitable site in Allahabad district of Uttar Pradesh.

NTPC and Uttar Pradesh Rajya Vidyut Utpadan Nigam both will contribute 50% equity each in the share capital of the JV.

 
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