Outcome of Board Meeting - Equity Investment in Joint Venture
Board approved Rs 65 Cr equity investment in NTPC BHEL Power Projects Pvt Ltd (NBPPL), a 50:50 JV with NTPC. NBPPL executes EPC contracts for power plants and manufactures power plant equipment. Investment at face value, arm's length. Purpose: settle urgent liabilities and maintain NBPPL as a going concern. Completion expected in FY27. Last 3 years turnover: INR 18.19 Cr (FY24), 3.48 Cr (FY25), 1.04 Cr (FY26 provisional).
Source: Original filing PDF
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EBITDA margin: 16.8%
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