Cabinet takes steps to grow India’s green economy3 min read . Updated: 18 Mar 2023, 06:01 AM IST
Currently, ‘Maharatnas’ such as NTPC can make equity investments to undertake financial joint ventures and form wholly-owned subsidiaries.
The cabinet committee on economic affairs (CCEA) on Friday allowed NTPC to raise its investment in its subsidiary NTPC Green Energy Ltd (NGEL) and approved a proposal to list the Indian Renewable Energy Development Agency on the stock exchanges, boosting India’s green economy credentials.
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