At meeting held on 27 January 2020
The Board of NTPC at its meeting held on 27 January 2020 has noted in-principle approved accorded by the Cabinet- Committee on Economic Affairs (CCEA) in their meeting held on 21 November 2019, for strategic sale of entire equity stake held by the Government of India in North Eastern Electric Power Corporation (NEEPCO) and THDC India (THDC) to NTPC, along with transfer of management control. The decision of CCEA was conveyed to the company by the Ministry of Power vide O.M. dated 2 December 2019.Further, the Board has accorded in-principle approval for the acquisition of entire equity stake of Government of India in NEEPCO (i.e. 100% of paid up share capital of NEEPCO) and THDC (i.e. 74.5% of paid up share capital of THDC).
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