NTPC prepares mega share sales of two clean energy subsidiaries2 min read 17 Aug 2021, 01:13 AM IST
The quantum of the IPOs and their timing are yet to be decided. The merchant bankers are making preliminary presentations, post which a bid process will be called for a formal engagement
NEW DELHI : State-run NTPC Ltd has started the groundwork to hold initial share sales of its units NTPC Vidyut Vyapar Nigam Ltd (NVVN) and NTPC Renewable Energy Ltd (NTPC REL), with merchant bankers making preliminary presentations, said two people aware of the development.
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