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NTPC inks JV with SCCL

May 11, 2007

National Thermal Power Corporation (NTPC) has signed a joint venture (JV) agreement with The Singareni Collieries Company (SCCL). The aggrement is to form a 50:50 JV firm to undertake various activities in coal and power sectors.

The JV firm would undertake activities like acquisition of coal mines, developing integrated coal-based power plants and providing consultancy services.

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