| Type | Joint venture |
|---|---|
| Industry | Energy |
| Founded | July 8, 2005 |
| Headquarters | New Delhi, India |
| Services | Power generation |
| Parent | NTPC GAIL |
| Website | www.rgppl.com |
Ratnagiri Gas & Power Private Limited (RGPPL) is a joint venture promoted by NTPC Limited and GAIL. The company was established to takeover and revive the assets of the defunct Dabhol Power Company. RGPPL owns the Dabhol Power Station and the LNG regasification terminal at Dabhol.
The company was established on 8 July 2005, with NTPC and GAIL each holding just over 30% of its equity. The Maharashtra State Electricity Board and financial institutions hold the remaining stock.[1]
RGPPL successfully revived the erstwhile Dabhol Power Company. Its three power blocks supply a combined 1967 MW of electricity to India's western grid.[2] It also operates the 5 MMTPA LNG regasification terminal at Dabhol.