NTPC to list 3 arms to mopup ₹15K cr
Business Standard|October 04, 2021
October State-owned thermal power behemoth NTPC would list on exchanges its three subsidiary companies, in order to meet the government stipulated target of ₹15,000 crore worth of asset monetisation.
SHREYA JAI
NTPC to list 3 arms to mopup ₹15K cr

The three companies are NTPC Vidyut Vyapar Nigam (NVVN), North Eastern Electric Power Corporation (NEEPCO), and one-year-old NTPCRenewable Energy (NREL).

Power Company – as part of the monetisation plan. Senior NTPC executives said NREL would be listed before October 2022. NTPC incorporated the wholly-owned subsidiary for its renewable energy projects in October 2020. Gurdeep Singh, chairman and managing director of NTPC, at a public event in June this year, had announced that NREL would be listed soon.

NTPC would also exit its joint venture with steel major SAIL — NTPC-SAIL

NTPC plans to list three subsidiaries:

NREL: Renewable energy arm incorporated last year, to help execute 60 GW RE by 2032 plan by NTPC

هذه القصة مأخوذة من طبعة October 04, 2021 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 04, 2021 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

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