NTPC Limited has informed the Exchange regarding a press release dated Jun 04, 2026, titled "Signing of Supplementary Joint Venture Agreement for Meja Urja Nigam Private Limited".
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NTPC Limited has signed a Supplementary Joint Venture Agreement related to Meja Urja Nigam Private Limited (MUNPL), its existing joint venture with UP Rajya Vidyut Utpadan Nigam Limited (UPRVUNL). Meja Urja Nigam operates a 1,320 MW (2x660 MW) coal-based supercritical thermal power plant in Meja, Uttar Pradesh. A supplementary JV agreement typically signifies an amendment to the existing terms of the joint venture, possibly relating to shareholding, equity infusion, operational responsibilities, or expansion plans. The specific terms of the supplementary agreement have not been disclosed in the headline.
For shareholders, this signals continued operational consolidation of NTPC's joint venture in Uttar Pradesh. The market reaction will depend on the details of the supplementary agreement — particularly if it involves fresh equity contribution, capacity expansion, or restructuring of ownership.