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    		• Business
    NTPC equity investment ceiling waived

    New Delhi (PTI): The Government on Thursday approved waiving of the Rs 1,000 crore equity investment ceiling by NTPC Ltd in joint ventures or wholly-owned subsidiaries, set up to bid for setting up power projects.

    The Cabinet Committee on Economic Affairs gave its approval for waiving, an official spokesperson said.

    The move would facilitate greater competition and establishment of more public sector power projects.

    The waiver is, however, subject to the implementation of a maximum of 10 power projects.

    Business

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