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Equity News
Jan 11 2008 6:03PM
NTPC signs supplementary agreement with BHEL
National Thermal Power Corporation (NTPC) has announced that pursuant to signing of MOU with Bharat Heavy Electricals (BHEL) on 10 September 2007 and signing of a joint venture agreement on 17 December 2007, the company has signed with BHEL a supplementary agreement on 11 January 2008 to engage in manufacturing and supply of equipment for power plants and other infrastructure projects in India and abroad. The company and BHEL shall have an equal equity participation in this joint venture.

The company made this announcement during the trading hours today, 11 January 2008.

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