NTPC Ltd Infuses Rs.2444.39 Crore in NEEPCO & Approves MSW to Torrefied Charcoal Facility by APCPL

In a recent Board Meeting, NTPC Ltd approved an equity infusion of up to Rs.2444.39 crore in North Eastern Electric Power Corporation Limited (NEEPCO), a Wholly Owned Subsidiary of the Company. The funds will be used for three hydro projects and one solar project. Furthermore, the Board also approved the proposal of Aravali Power Company Private Limited (APCPL), a Joint Venture of NTPC with Haryana Power Generation Corporation Limited and Indraprastha Power Generation Co. Limited, to set up Municipal Solid Waste (MSW) to Torrefied Charcoal Facilities in Faridabad and Gurugram, Haryana, at an estimated cost of Rs.365.40 crore and Rs.414.10 crore respectively.