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PATRATU VIDYUT UTPADAN NIGAM LIMITED
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About
Patratu Vidyut Utpadan Nigam Limited (PVUN Limited) was incorporated on 15.10.2015. It is a joint venture between a subsidiary of NTPC Ltd (74% shareholding) and Jharkhand Bijli Vitran Nigam Limited (JBVNL) (26% shareholding). The company is focused on installing a 4000 MW coal-based thermal power plant, with Phase I involving 3 x 800 MW units and Phase II involving 2 x 800 MW units. The project is funded with a Debt/Equity Ratio of 75:25, with debt tied up from Rural Electrification Corporation (REC). PVUN has been allocated the Banhardih captive coal block with reserves of approximately 956 MT. The project has received environmental clearance from the Ministry of Environment, Forest and Climate Change and civil aviation clearance from AAI. Jharkhand Urja Utpadan Nigam Ltd has sanctioned 27 cusec water for the project from the Patratu Dam reservoir.
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