NTPC receives Sebi’s approval for Rs 10,000 crore IPO

NTPC Green Energy, a subsidiary of NTPC, received approval from the Securities and Exchange Board of India to raise Rs 10,000 crore through an IPO. The funds will primarily be used to invest in NTPC Renewable Energy and for corporate purposes. NTPC Green Energy’s current portfolio includes 14,696 MWs with significant projects in the pipeline.

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