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NHPC: Announcement Under Regulation 30 (LODR)- Update (Investment Approval For 850 MW Ratle Hydro-Electric Project)

In compliance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 it is to inform that Union Cabinet on 20.01.2021 has given its approval for the investment of Rs. 5281.94 crore for 850 MW Ratle Hydro Electric Project located on river Chenab in Kistwar district of Union Territory of Jammu & Kashmir by a new Joint Venture Company (JVC) to be incorporated between NHPC Limited and Jammu & Kashmir State Power Development Corporation Limited (JKSPDCL) with equity contribution of 51% and 49% respectively.

Copy of Press Information Bureau release is enclosed at Annexure I. This is for your information and record.

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