NHPC has further intimated that the National Company Law Tribunal (NCLT), Hyderabad bench has approved its resolution plan for taking over JPCL as going concern vide its order as on 24 December 2020. The Hyderabad bench of the National Company Law Tribunal (NCLT) has approved state-owned NHPC's resolution plan for Jal Power Corporation Ltd (JPCL), according to a statement.. JPCL is the second company after Lanco Teesta Hydro Power Ltd (LTHPL) to be acquired through the NCLT process by NHPC, NHPC said in the statement on Friday.. NCLT's Hyderabad bench through its order dated … The corporate insolvency resolution process was initiated against the company on April 9, 2019. 2010-11. 840.96 crore to Govt. Get NHPC contact details, Registered Address of NHPC along with NHPC management information. NHPC will … Sharing further details, NHPC said it had submitted its resolution plan and was declared the successful resolution applicant by committee of creditors (CoC) on January 24, 2020. NHPC Ltd (NHPC), a Government of India Enterprise, is an energy utility that plans, promotes and organizes the development of hydro power plants. NHPC had submitted its Resolution Plan and was declared the successful resolution applicant by Committee of Creditors (CoC) on 24.01. Updated: Jan 07, 2021, 10.19 PM IST. The total cost of the project is estimated as Rs.943.20 Crore. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. Jalpower Corporation Limited is the second company after Lanco Teesta Hydro Power Ltd (LTHPL) to be acquired through NCLT process by NHPC. NHPC members also receive special rates for NHPC … NHPC Limited (erstwhile National Hydroelectric Power Corporation)is an Indian Hydropower generation company that was incorporated in the year 1975 with an authorised capital of Rs. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. NHPC Signs Definitive Agreement To Implement Resolution Plan For Takeover Of Jalpower... Pradhan Mantri Fasal Bima Yojana is security cover for farmers: Narendra Singh Tomar, Dr. Harsh Vardhan reviews preparedness for Nationwide Vaccination Drive that commences tomorrow, Income Tax Department conducts searches in Kolkata, Indian startup ecosystem has made big progress in last five years: Goyal. nhpc resolution plan Blogs, Comments and Archive News on Economictimes.com The biggest of NHPC’s plans is for a joint venture with another public sector company, Damodar Valley Corporation (DVC), to build a whopping 1,800 MW … NHPC to takeover 120 MW Rangit-IV HE Project of Jalpower Corp for an estimated cost of Rs943.20cr National Company Law Tribunal (NCLT), Hyderabad bench approved NHPC’s Resolution Plan … NHPC Limited, India’s premier hydropower company and a PSU under Ministry of Power, has signed Definitive Agreement on 13th January 2021 for implementation of the Approved Resolution Plan for takeover of 120 MW Rangit-IV HE Project of Jalpower Corporation Limited (JPCL) in Sikkim. National Company Law Tribunal (NCLT), Hyderabad bench approved NHPC’s Resolution Plan for taking over Jalpower Corporation Limited (JPCL) as going concern vide its order dated 24.12.2020. The company generates electricity using hydro, wind and solar sources. 24.75 on the BSE. Capital Market  of India for the FY 2019-20. © Copyright © 2020 Newsexpress. Read more about NHPC rises after NCLT approves resolution plan for Jalpower Corp on Business Standard. Candidates who are willing to apply for this recruitment can check the details of this notification in this page. GUWAHATI: The National Hydroelectric Power Corporation (NHPC) plans to commission the 2,000 megawatt (MW) Lower Subansiri hydroelectric project along the Assam-Arunachal Pradesh border by March, 2022. NHPC advanced 1.82percent to Rs 25.20 after the National Comp Any Law Tribunal (NCLT) approved the company's Rs 165 crore resolution plan for taking over Jalpower Corporation as … nhpc resolution plan Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Goyal, Director (Finance) NHPC and senior officers from NHPC and PFC. is the Chairman and Managing Director of NHPC Ltd. SJVN, THDC and NEEPCO are of the view that their integration with NHPC "shall neither be national interest nor it will result in accelerated capacity addition," SJVN said, adding that the arrangement is likely to "enhance" the present tariff. During the FY 2011-12, a budget of 0.5% of PAT was allocated to CSR activities of NHPC and the target was also set accordingly. The agreement was signed between NHPC, Resolution Professional and Secured Financial Creditors (PFC and PNB) in presence of Y.K. 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