Key Event Details
NTPC Limited (NTPC) and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) signed Supplementary Joint Venture Agreement-III (SJVA-III) for their joint venture company Meja Urja Nigam Private Limited (MUNPL) on June 4, 2026. The signing took place in Lucknow.
Purpose and Rationale
The SJVA-III incorporates provisions related to capacity enhancement of the Meja Stage-II power project. The capacity is being enhanced from the existing 2x660 MW to 3x800 MW in the Joint Venture Agreement (JVA).
Entity Structure
Meja Urja Nigam Private Limited (MUNPL) is a 50:50 joint venture company between NTPC Limited and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited.
Event Participants
The signing ceremony was attended by the Managing Director (MD) of UPRVUNL and the Chief Executive Officer (CEO) of MUNPL. Senior officials from NTPC, UPRVUNL, and MUNPL were also present.
Financial Impact
Financial impact not quantified in the disclosure.