NTPC has signed a Joint Venture Agreement with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) for Chhabra Thermal Power Plant on 4 November 2024.
RVUNL has 2320 MW (Stage-1: 4x250 MW Units & Stage-2: 2x660 MW Units) plant at Chhabra and both Parties have mutually agreed to form a 50:50 partnership JV Company which will own and operate the said power plant and also explore opportunities for its capacity expansion.