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NTPC signs agreement for takeover of Chhabra Thermal Power Plant

A non-binding agreement has been signed by NTPC with Rajasthan Rajya Vidyut Utpadan Nigam Ltd and Rajasthan Urja Vikas Nigam Ltd for the takeover of Chhabra Thermal Power plant.

The company has said in a BSE filing that “NTPC Ltd has signed a non-binding MoU with Rajasthan Rajya Vidyut Utpadan Nigam Ltd and Rajasthan Urja Vikas Nigam Ltd for takeover of Chhabra Thermal Power Plant Stage-I (4x250MW) and Stage-II (2×660 MW) of Rajasthan Urja Vikas Nigam by NTPC Ltd.”

The Memorandum of Understanding (MoU) is for takeover of four operational units of 250 MW capacity each and two other under-construction units of 660 MW capacity each at Chhabara Thermal Power Plant.

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