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VERIFIEDMint Markets·neutral
BHEL approves ₹65 crore further investment in NTPC joint venture NBPPL
AI Summary
- ·BHEL approved an additional investment of ₹65 crore in its joint venture NBPPL with NTPC Ltd.
- ·The investment is intended to address urgent liabilities and ensure the continuation of operations.
- ·The transaction is expected to be completed by FY2026-27, and BHEL will maintain its 50% stake in NBPPL.