Desktop Site
|
19 Apr 24 | 16:00
|
Close
Equity
SME
Eq Drv
Currency
Commodity
Corporates
Get Quote
*
Notices
|
S&P
BSE SENSEX
73,088.33
+599.34
+0.83 %
Corporate Announcement
Security Code
533098
Company
NHPC Ltd
Exchange Received Time
08/03/2019 14:47:59
Exchange Disseminated Time
08/03/2019 14:48:02
Time Taken
00:00:03
Announcement Under Regulation 30 LODR- Update (Investment Approval For Acquisition Of LTHPL, Balance Works Of Teesta VI HE Project And Kiru HE Project.) |
03/08/19 14:47
In compliance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is to inform that Cabinet Committee on Economics Affairs (CCEA) has approved the investment sanction to NHPC Limited for the acquisition of M/s Lanco Teesta Hydro Power Limited (LTHPL) and the execution of balance work of Teesta Stage-VI HE Project (500 MW). The estimated cost for the above will be Rs 5748.04 crore which includes Bid amount of Rs 907 crore for acquisition of LTHPL, cost balance work of Rs 3863.95 crore and IDC & FC of Rs 977.09 crore.
Further, CCEA has also approved the investment sanction for construction of Kiru HE Project (624 MW) by M/s Chenab Valley Power Projects Private Limited (CVPPPL) in Jammu & Kashmir at an estimated cost of Rs 4287.59 crore. CVPPPL is a Joint Venture Company of NHPC Limited.
Copies of press information bureau release is enclosed at Annexure I and II respectively.
This is for your information and record.
Attachment
<< Back
Recently Viewed