{"id":535555,"date":"2022-11-11T09:35:11","date_gmt":"2022-11-11T04:05:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=535555"},"modified":"2022-11-11T10:11:22","modified_gmt":"2022-11-11T04:41:22","slug":"nhpc-board-approves-merger-with-subsidiary-jalpower-corporation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhpc-board-approves-merger-with-subsidiary-jalpower-corporation\/","title":{"rendered":"NHPC board approves merger with subsidiary Jalpower Corporation"},"content":{"rendered":"<p>State-run hydro power giant NHPC on Thursday said its board has approved a proposal to merge the company&#8217;s arm Jalpower Corporation Ltd with itself.<\/p>\n<p>NHPC had acquired Jalpower Corporation Ltd (JPCL) and its 120 MW Rangit Stage-IV hydro power project in March 2021 through insolvency proceedings.<\/p>\n<p>&#8220;Board of Directors of NHPC Ltd (Company or Transferee Company) in its meeting held on Thursday, November 10, 2022 has inter-alia approved the scheme of merger\/ amalgamation of Jalpower Corporation Ltd (Transferor Company) (a wholly owned subsidiary of NHPC) with the Company,&#8221; it said in a BSE filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run hydro power giant NHPC on Thursday said its board has approved a proposal to merge the company&#8217;s arm Jalpower Corporation Ltd with itself. NHPC had acquired Jalpower Corporation Ltd (JPCL) and its 120 MW Rangit Stage-IV hydro power project in March 2021 through insolvency proceedings. &#8220;Board of Directors of NHPC Ltd (Company or Transferee Company) in its meeting held on Thursday, November 10, 2022 has inter-alia approved the scheme of merger\/ amalgamation of Jalpower Corporation Ltd (Transferor Company) (a wholly owned subsidiary of NHPC) with the Company,&#8221; it said in a BSE filing.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-535555","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/535555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=535555"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/535555\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=535555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=535555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=535555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}