💨 Abstract
NTPC and Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) have agreed to jointly own and operate the Chhabra Thermal Power Plant in Rajasthan. A 50:50 joint venture company will be formed for this purpose, with equal rights for both parties to appoint directors. NTPC will have management control and the right to appoint CEO, CFO, and COO.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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