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NHPC completes takeover of Rangit Stage-IV HE Project

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Capital Market

On 31 March 2021

NHPC has completed the formalities for the takeover of Rangit Stage-IV HE Project (120 MW) on 31 March 2021 by remitting the resolution plan consideration of Rs. 165 crore to the account of Jal power Corporation ( JPCL) for distribution to the creditors as per the approved resolution plan. JPCL is now a Wholly Owned Subsidiary Company of NHPC.

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First Published: Mar 31 2021 | 6:55 PM IST

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