NTPC acquires the 1000 MW Chhabra power plant in an asset-to-equity deal
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The National Thermal Power Corporation Limited (NTPC) will pay $103 million and will assume close to $467 million in debt as part of an asset-for-equity deal to purchase the 1,000 MW Chhabra power plant. Two additional units of 660 MW each will be transferred to NTPC after their completion.