Major organization : RATNAGIRI GAS AND POWER PRIVATE LIMITED (RGPPL
, promoted by NTPC Limited and GAIL (India) Limited, was set up to takeover and revive the assets of Dabhol Power Company Project.
The finance ministry presided a meeting in mid-January, along with RGPPL
shareholders to find a solution to the firm's long-standing dues of nearly Rs 8,500 crore.
), while the Maharashtra State Electricity Board owns a 16.94% stake.
As the government is finalizing the modalities to supply gas to operate the 1967-MW power project, erstwhile Dabhol project, the Ratnagiri Gas and Power Private Ltd (RGPPL
), , expects to receive a fresh lease of life.
), erstwhile Dabhol project, may get a new lease of life.
) has resumed production and announced on April 14, Sunday, that its power production had reached upto 1300 MW since the last two days.