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NHPC takes over Jal Power Corporation Ltd
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Resolution of stressed Rangit IV hydel power proj complete, says PFC
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The News Scroll 08 January 2021
Last Updated at 7:18 pm | Source: PTI
NCLT approves NHPC s resolution plan for JPCL Outlook January 08, 2021 19:18 IST NCLT approves NHPC s resolution plan for JPCL outlookindia.com 1970-01-01T05:30:00+0530
New Delhi, Jan 8 (PTI) 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 December 24, 2020, approved NHPC s resolution plan for taking over JPCL, the statement said.