Current Affairs Agreements

NTPC, PGCIL ink MoU to enter national electricity distribution business

Category : Agreements

  National Thermal Power Corporation Limited and Power Grid Corporation of India Limited have signed an agreement to set up National Electricity Distribution Company LtdNEDCL will be a joint venture company on 50:50 equity basis. The main aim of the initiative is to enter the electricity distribution business on a pan India basis.
Source: The Financial Express


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