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Cabinet Decisions taken on 19 August, 2022 (3) Cabinet Decisions taken on 19 August, 2022 (4)
1. Boost to Green Energy ---> Solar plant at Namrup APGCL and OIL to sign a Joint Venture agreement for setting up of a 25 MW Solar Plant on Namrup Thermal Power Station premises with shareholding ratio of 51% (APGCL) and 49% (OIL) Rupees 2,450 crore Joint Venture MoU to be signed between APGCL and SJVN Green Energy Limited, for creation of a Joint Venture Company (JVC) · Cost of proposed JVC: Rupees 2,450 crore · Equity participation: 51% from SGEL and 49% from APGCL · The project to generate employment for around 2,000 people during construction stage and 1,000 during maintenance stage.