NTPC said to plan IPOs of 3 units, could raise $2 billion1 min read . Updated: 03 Oct 2021, 02:01 PM IST
- NTPC, India’s largest electricity producer, has pivoted toward green energy as pressure mounts to reduce coal usage
India’s coal power giant NTPC Ltd. expects to raise 150 billion rupees ($2 billion) through initial public offerings in three units including its renewables business, and the paring of a joint venture stake, according to a company official familiar with the plans.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more