Country's largest power producer, National Thermal Power Corporation (NTPC) has informed that a MOU was signed on 01 December 2008 amongst NTPC, NHPC, Power Grid and DVC to form a joint venture company.

The JVC will be set up with equal equity participation an Online High Power Test Laboratory (OHPTL) for short circuit testing facility.

Presently, manufacturers and utilities are sending their equipments to overseas testing labs which is not only time consuming but expensive too.

According to reliable sources, the OHPTL facility will test power transformers, LT / HT switchgears, bus-ducts, CTs etc.