IPO
NTPC to list NEEPCO, NVVNL, NTPC REL; sell off stake in JV with SAIL
State-run power giant NTPC has drawn a Rs 15,000 crore divestment plan which includes listing of its units NTPC Renewable Energy (NTPC REL), North Eastern Electric Power Corporation (NEEPCO) and NTPC Vidyut Vyapar Nigam (NVVNL). The New Delhi-based company is also looking to sell its stake in NTPC-SAIL Power Co., a joint venture with Steel Authority of India Ltd. for supplying electricity to the steelmaker's mills and townships.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
