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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.
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