The Board of Directors of NTPC Limited has approved an equity infusion of up to Rs.2444.39 crore in North Eastern Electric Power Corporation Limited for three hydro and one solar project. Additionally, the board sanctioned the setting up of Municipal Solid Waste to Torrefied Charcoal facilities in Haryana, with a combined estimated cost of Rs.779.50 crore. The board meeting concluded on September 26, 2025.
Investment in North Eastern Electric Power Corporation
NTPC Limited’s board has given the green light for an equity infusion of up to Rs.2444.39 crore into North Eastern Electric Power Corporation Limited (NEEPCO). NEEPCO is a Wholly Owned Subsidiary of NTPC. The funds will be allocated towards the development of three hydro projects and one solar project, furthering NTPC’s commitment to renewable energy.
Municipal Solid Waste to Charcoal Projects in Haryana
The board has also approved the proposal for setting up two Municipal Solid Waste (MSW) to Torrefied Charcoal facilities in Haryana through Aravali Power Company Private Limited (APCPL), a joint venture. One facility will be located in Faridabad, with a capacity of 1200 TPD, and an estimated cost of Rs.365.40 crore. The other facility, in Gurugram, will have a 1500 TPD capacity and an estimated cost of Rs.414.10 crore. The combined investment amounts to Rs.779.50 crore.
Source: BSE