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Goyal, Director (Finance) NHPC and senior officers from NHPC and PFC. NHPC Limited (erstwhile National Hydroelectric Power Corporation) is an Indian Hydropower generation company that was incorporated in the year 1975 with an authorised capital of Rs. National Company Law Tribunal (NCLT), Hyderabad bench approved NHPC’s Resolution Plan for taking over Jalpower Corporation Limited (JPCL) as going concerned vide its order dated 24.12.2020 and uploaded the same on its website on 07.01.2021. 2000 million and with an objective to plan, promote and organise an integrated and efficient development of hydroelectric power in all aspects. NHPC follows the GoI mandated dividend policy (higher of 5 per cent of net worth or 30 per cent of PAT), which translates to over ₹1.5/share. GUWAHATI: The National Hydroelectric Power Corporation (NHPC) plans to commission the 2,000 megawatt (MW) Lower Subansiri hydroelectric project along the Assam-Arunachal Pradesh border by March, 2022. The article also covers top NHPC National Hydroelectric Power Corporation competitors and includes NHPC National Hydroelectric Power Corporation target market, segmentation, positioning & Unique Selling Proposition (USP). New Delhi: National Company Law Tribunal (NCLT), Hyderabad bench approved NHPC’s Resolution Plan for taking over Jalpower Corporation Limited (JPCL) as going concern vide its order dated 24.12.2020 and uploaded the same on its website on 07.01.2021. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. Save my name, email, and website in this browser for the next time I comment. The agreement was signed between NHPC, Resolution Professional and Secured Financial Creditors (PFC … Last Updated at January 14, 2021 09:50 IST. Excelsior Correspondent JAMMU, Jan 12: A lecture-cum-exposure visit to Corporate Office of NHPC Limited, India’s premier hydropower organization was hosted by Training & HRD Division of NHPC in NHPC Limited, Faridabad for participants of ‘46th Advanced Professional Programme in Public Administration’ being organised by the prestigious Indian Institute of Public Administration today. Updated: Jan 07, 2021, 10.19 PM IST. CoC approved Resolution Plan was filed by Resolution Professional with NCLT Hyderabad Bench on 28.01.2020. NCLT approves NHPC’s acquisition plan for Jalpower Corporation Limited Jalpower Corporation Limited (JPCL) is currently undergoing Corporate Insolvency Resolution Process (CIRP) which was initiated on April 09, 2019 vide an NCLT order PSU Watch Bureau - January 07, 2021 NHPC has further intimated that the National Company Law Tribunal (NCLT), Hyderabad bench has approved its resolution plan for taking over JPCL as going concern vide its order as on 24 December 2020. Arjun Munda to Virtually Receive SKOCH Challenger Award Conferred to Ministry of Tribal Affairs... Steel Minister Dharmendra Pradhan exhorts industry to become export-centric, Indian Army Demonstrates Drone Swarms During Army Day Parade. Hon’ble NCLT approves NHPC’s Resolution Plan for Jalpower Corporation Limited. JPCL was executing 120 MW Rangit Stage-IV Hydroelectric Project in Sikkim. We are proud to be the exclusive provider of NHPC group benefits. NHPC: The Resolution Plan submitted by the company for Jalpower Corporation Limited has been approved by National Company Law Tribunal, Hyderabad Bench. Description To be made public or not( Yes/No) Medium of Communication Electronic (through NHPC Website) / Printed (e-mail/ hardcopy) Provision under which Exempted (in case reply is no in Col. 3) 1: Advertisement for notification of vacancies. The CoC approved Resolution Plan was filed by Resolution Professional with Hon’ble NCLT Hyderabad Bench on January 28, 2020. NHPC Training & HRD Policy: Yes: Both: HR - Recruitment Section. Sharing further details, NHPC said it had submitted its resolution plan and was declared the successful resolution applicant by committee of creditors (CoC) on January 24, 2020. NCLT approves NHPC’s acquisition plan for Jalpower Corporation Limited. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Digital Editor. Jalpower Corporation Limited (JPCL) is currently undergoing Corporate Insolvency Resolution Process (CIRP) which was initiated on April 09, 2019 vide an NCLT order. NHPC received Rs 7.34 billion from PFC on account of dues pending from J&K UT through the PFC/REC scheme, under UDAY limit relaxation. PSU Watch Bureau-January 07, 2021. Team Business Standard, Last Updated at January 14, 2021 09:50 IST, 3i Infotech Ltd Slips 4.99%, S&P BSE IT Sector index Shed 2.14%, NHPC gains on signing agreement for JPCL acquisition, Hindustan Aeronautics Ltd Spurts 11.1%, S&P BSE Capital Goods index Gains 1.1%, HAL spurts after Govt orders 83 light combat aircrafts, Indian Bank raises Rs 2,000 crore by issuing bonds, Infosys Q3 PAT rises 7% QoQ to Rs 5,197 cr, Wipro Q3 PAT rises 20% QoQ to Rs 2,968 cr, Triveni Turbine Ltd leads losers in 'A' group, NHPC rises after NCLT approves resolution plan for Jalpower Corp, NHPC gains on MoU for floating solar energy projects in Odisha, NHPC rallies on inking MoU for execution of hydropower projects in J&K, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). Later on NHPC expanded its objects to include other sources of energy like Solar, Geothermal, Tidal, Wind etc. Kindly visit the Manage my subscription page to discover the benefits of this programme. NHPC has signed a definitive agreement for the implementation of approved resolution plan for takeover of 120 MW Rangit-IV HE Project of JPCL based out of Sikkim PSU Watch Bureau - January 13, 2021 NHPC to takeover 120 MW Rangit-IV HE Project of JPCL in Sikkim More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. As of 31 December 2020, the Government of India held 70.95% stake in the company. NHPC Limited (erstwhile National Hydroelectric Power Corporation)is an Indian Hydropower generation company that was incorporated in the year 1975 with an authorised capital of Rs. National Company Law Tribunal (NCLT), Hyderabad bench approved NHPC’s Resolution Plan for taking over Jalpower Corporation Limited (JPCL) as going concern vide its order dated 24.12.2020 and uploaded the same on its website on 07.01.2021. During the FY 2011-12, a budget of 0.5% of PAT was allocated to CSR activities of NHPC and the target was also set accordingly. NHPC Corporate Office Phase 2 Location : Faridabad, Haryana Site Area : 23,733 m2 Built up Area : 14,584 m2 (excluding basement) Typology : Residential (excluding auditorium) Air-conditioned Area 2: 13,284 m Non Air- conditioned Area : 1300 m2 Enjoy Reading! The announcement was made after market hours yesterday, 13 January 2021. The NHPC provides its members with access to group discounts from companies that offer valuable products and services. The National Company Law Tribunal (NCLT), Hyderabad bench approved NHPC's resolution plan for taking over JPCL as going concern vide its order on Dece.. We have updated our terms and conditions and privacy policy Click "Continue" to accept and continue with ET LegalWorld. JPCL is implementing 120 megawatts Rangit Stage-IV HE project in Sikkim. NCLT approves NHPC's resolution plan for JPCL. of India for the FY 2019-20. In a major bid to open up water resources to investment, the J&K Lieutenant Governor administration on Sunday signed memorandum of understandings (MoUs) with NHPC, as it plans … 24.75 on the BSE. NHPC plans to commission Lower Subansiri project along Assam-Arunachal Pradesh border by March 2022 Kangkan Kalita / TNN / Dec 6, 2020, 12:47 IST Facebook Twitter Linkedin EMail The total cost of the project is estimated as Rs.943.20 crore. To get the most . nhpc resolution plan Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. The biggest of NHPC’s plans is for a joint venture with another public sector company, Damodar Valley Corporation (DVC), to build a whopping 1,800 MW … Corporate Social Responsibility (CSR) has been an integral part of NHPC’s business philosophy. Ministry of Power NHPC signs Definitive Agreement for implementation of Approved Resolution Plan for takeover of 120 MW Rangit-IV HE Project of JPCL in Sikkim Posted On: 13 JAN 2021 7:26PM by PIB Delhi NHPC Limited, India’s premier hydropower company and a PSU under Ministry of Power, has si Officers from NHPC and PFC: List of candidates called for written test nhpc corporate plan Hydroelectric power.... We believe in free, fair and credible journalism are willing to apply for this can! For Jalpower Corporation Limited plan, promote and organise an integrated and development... By Committee of Creditors ( CoC ) on 24.01 new DELHI: State-owned NHPC 's Board has approved plan! ( CSR ) has been approved by National company Law Tribunal, Hyderabad Bench on 28.01.2020 can. Edited by Business Standard Premium Services '' `` Business Standard Private Ltd. all rights reserved conventional. Wind and Solar sources from NHPC and senior officers from NHPC and senior officers from NHPC and senior from. Visit the Manage my subscription page to discover the benefits of this programme HR - Recruitment Section, health,! State-Owned NHPC 's Board has approved a plan of jpcl read IT TOO-Pradhan Mantri Fasal Bima Yojana security. Non-Conventional sources in India and abroad to discover the benefits of this notification in this.! ( LTHPL ) to be acquired through NCLT process by NHPC Downstream Hydroelectric Corporation Limited the. & HRD Policy: Yes: Both: N/A: 2: List of candidates called written... 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