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JV Agreement between NTPC and UPRVUNL

 

 

New Delhi, February 29, 2008

 

NTPC Limited and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have signed a Joint Venture Agreement (JVA) for implementation of 1320 MW (2X 660 MW) coal based thermal power plant at Meja, Distt. Allahabad, UP today.

 

The project shall be implemented by (50:50) JVC of NTPC and UPRVUNL on Build, Own and Operate (BOO) basis.

 

The Agreement was signed in the presence of Ranveer Upadhyay, Energy Minister, UP, by T. Sankaralingam, CMD, NTPC and G.B. Patanayak, CMD, UPPCL for and on behalf of UPRVUNL. R.S. Sharma, Director (Commercial), NTPC, Alok Tandon, MD, UPRVUNL and I.B. Pandey, Regional Executive Director (North), NTPC and other senior officials were present on the occasion.

 

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