Joint Venture11 Mar 2025, 03:33 am
NTPC Green Energy Ltd Signs Joint Venture Agreement with Chhattisgarh State Power Generation Company Limited
AI Summary
NTPC Green Energy Limited has signed a Joint Venture Agreement (JVA) with Chhattisgarh State Power Generation Company Limited (CSPGCL) on 10th March 2025. The JVA aims to develop Renewable Energy Projects in the State of Chhattisgarh or any other identified locations comprising of Solar/Wind/Hybrid upto 2 GW capacities. The shareholding pattern of the proposed Joint Venture Company (JVC) will be 74% by NTPC Green Energy Limited and 26% by CSPGCL. The JVC will supply renewable power generated by it to CSPGCL/DISCOMs of State of Chhattisgarh/Other DISCOMS, C&I Customers, etc. anywhere in India.
Key Highlights
- NTPC Green Energy Limited and Chhattisgarh State Power Generation Company Limited have signed a Joint Venture Agreement (JVA)
- The JVA aims to develop Renewable Energy Projects in the State of Chhattisgarh or any other identified locations comprising of Solar/Wind/Hybrid upto 2 GW capacities
- The shareholding pattern of the proposed Joint Venture Company (JVC) will be 74% by NTPC Green Energy Limited and 26% by CSPGCL
- The JVC will supply renewable power generated by it to CSPGCL/DISCOMs of State of Chhattisgarh/Other DISCOMS, C&I Customers, etc. anywhere in India