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.
Related Posts
Food inflation: RBI remains hawkish
RBI’s monetary policy committee, chaired by Shaktikanta Das, maintained a hawkish stance against interest rate cuts, diverging from the US Federal Reserve. Despite differing views […]
NTPC green energy’s $1.2 billion IPO fully sold on last day
NTPC Green Energy Ltd., the renewable energy branch of Indian power giant NTPC Ltd., has successfully raised $1.2 billion in its initial public offering. The […]
Foreign investors dump $3.42 billion worth ‘expensive Indian stocks’; opt for IPOs instead
Foreign investors sold $3.42 billion in Indian stocks in the secondary market this month, opting for IPOs with $1.47 billion in purchases. They find IPOs […]