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The Economic Times

Economy / The Economic Times

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Mitsubishi moves to exit NTPC project

Mitsubishi, the Japanese conglomerate, is poised to exit a power project located in West Bengal, prompting discussions with NTPC regarding the financial implications. The company has tabled an offer for penalties associated with their withdrawal from the incomplete project, while NTPC is advocating for a more substantial settlement. As dialogues continue, both parties are working towards an agreeable resolution.

30 Apr 2026 12:32 am