NTPC Limited (NSEI:NTPC) singed a non-binding memorandum of understanding to acquire Chhabra Thermal Power Plant Stage-I (4x 250 MW) and Stage-II (2x660 MW) in Rajasthan from Rajasthan Rajya Vidyut Utpadan Nigam Limited and Rajasthan Urja Vikas Nigam Ltd. on January 12, 2017. The acquisition of Chhabra Thermal Power Plant by NTPC Limited has been delayed as the state electricity boards of Rajasthan have not agreed on the tariff at which the plant will sell power after the takeover. The deal is subject to approval of Central Electricity Regulatory Commission. NTPC Limited (NSEI:NTPC) cancelled the acquisition of Chhabra Thermal Power Plant Stage-I (4x 250 MW) and Stage-II (2x660 MW) in Rajasthan from Rajasthan Rajya Vidyut Utpadan Nigam Limited and Rajasthan Urja Vikas Nigam Ltd. on January 12, 2018.