NTPC Green Energy's ₹10,000 crore IPO: Date, details, projects, things to know
1 month, 1 week ago

NTPC Green Energy's ₹10,000 crore IPO: Date, details, projects, things to know

Hindustan Times  

The ₹10,000-crore initial public offering of NTPC Green Energy Limited will open up for subscription on November 19, 2024, with a price band of ₹102-108 per share. The company will use ₹ 7,500 crore from the IPO proceeds to repay debts of subsidiary NTPC Renewable Energy and the remaining for general corporate purposes Important details of the NTPC Green Energy IPO The public issue consists of an entirely fresh issue with no offer-for-sale component. The company will use ₹7,500 crore from the IPO proceeds to repay debts of subsidiary NTPC Renewable Energy and the remaining for general corporate purposes. What you need to know about NTPC Green Energy NTPC Green Energy Limited is a wholly owned subsidiary of NTPC, India's largest power generation company. It is also building the biggest renewable energy project undertaken by any public sector undertaking in Khavda, a village in Gujarat's Kutch district, comprising two solar projects totalling 2.45 GW.

History of this topic

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