Joint Venture4 Jun 2026, 09:51 pm
NTPC, UPRVUNL Sign JV Pact for Meja Stage-II Expansion
AI Summary
NTPC Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have signed a Supplementary Joint Venture Agreement (SJVA)-III for their 50:50 joint venture, Meja Urja Nigam Private Limited (MUNPL). The agreement, signed on June 4th, 2026, incorporates provisions for enhancing the capacity of Meja Stage-II from 2x660 MW to 3x800 MW. This expansion signifies a significant step in increasing power generation capacity through their joint venture.
Key Highlights
- NTPC and UPRVUNL signed SJVA-III for Meja Urja Nigam Private Limited.
- JV capacity enhancement from 2x660 MW to 3x800 MW at Meja Stage-II.
- Agreement signed on June 4th, 2026, in Lucknow.
- Reinforces commitment to power generation expansion through JV.