NTPC Limited (NSEI:NTPC) acquired 50% stake in Jhabua Power Limited for INR 9.25 billion on September 5, 2022. NTPC paid INR 3.25 billion for equity and INR 6 billion for non-convertible debentures. The consideration was paid in cash. The transaction has been approved by NCLT and CCI. The turnover of the JPL for the year 2021-2022 is INR 15.84 billion.

NTPC Limited (NSEI:NTPC) completed the acquisition of 50% stake in Jhabua Power Limited on September 5, 2022.