The agreement provides for execution of NTPC contracts for Solapur (2x660 MW) and Meja (2x660 MW) of supercritical Steam Generators (Boilers) and Lara (2x800 MW) Supercitical Steam Turbine and Generators (STG) (collectively referred to as NTPC projects) and for certain arrangement with respect to the future of the JV partnership between HTC, HPE and the company in respect of the existing joint venture companies viz, BGR Boilers and BGR Turbines Company after completion of NTPC projects in compliance with the NTPC contract and other related conditions.