NTPC Limited and Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) have signed a Supplementary Joint Venture Agreement (SJVA)-III to enhance the generation capacity of Meja Urja Nigam Private Limited (MUNPL). The agreement, signed on June 4, 2026, in Lucknow, incorporates provisions to increase the capacity of Meja Stage-II from 2x660 MW to 3x800 MW. MUNPL is a 50:50 joint venture between NTPC and UPRVUNL.

The signing ceremony was attended by senior officials from both organizations. The Managing Director of UPRVUNL was present during the event. The Chief Executive Officer of MUNPL, along with other senior officials from NTPC, UPRVUNL, and MUNPL, also graced the occasion.

Project Details

The agreement specifically targets the capacity enhancement of the Meja thermal power project. The modification involves upgrading the planned units for the second stage of the project.

The revised capacity configuration aims to optimize power generation from the facility. The SJVA-III formalizes the mutual understanding between the state-owned power giants to scale up the project's output.

NTPC recorded a notable block trade on the National Stock Exchange (NSE), with approximately 823,355 shares changing hands at a price of ₹383.15 per share. The total transaction was valued at ₹31.55 crores, marking a significant single-trade event in the stock.

Block Trade Details

The following table summarizes the key parameters of the block trade:

Significance of Block Trades

Block trades involve the purchase or sale of a large number of shares in a single transaction and are typically executed by institutional investors or large market participants. Such trades are conducted outside the open market order book to minimize price impact and are reported separately on the exchange platform. The execution of this trade on the NSE at ₹383.15 per share reflects the scale of institutional interest in NTPC at the transacted price level.