NHPC Limited has signed Definitive Agreement on January 13, 2021 for implementation of the Approved Resolution Plan for takeover of 120 MW Rangit-IV HE Project of Jalpower Corporation Limited (JPCL) in Sikkim.
- 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.
- The Rangit is a run-of-the-river power project on the Ranjit River, a major tributary of the Tista River in the South Sikkim district.
