NTPC is granted the status of Maharatna by the Government of India. Consequently, its Board of Directors is, inter-alia, empowered to make equity investment to establish financial joint ventures and wholly-owned subsidiaries and undertake mergers and acquisitions, in India or abroad, subject to a ceiling of 15% of the net worth, limited to Rs 5,000 crore in one project.
Source : NTPC is Maharatna
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