This PSU power stock is involved in generating and distributing electricity, with a focus on thermal, hydro, and nuclear power, in focus after entering into a 50:50 joint venture with EDF for renewable energy and hydro projects. Stock Price Movement: With a market capitalization of Rs. 3,12,911.42 crore, the shares of NTPC Limited were currently [...]
This PSU power stock is engaged in the generation and distribution of electricity, focusing on thermal, hydro, and nuclear power, while also expanding its renewable energy capacity, in focus after plans to spend $62 billion on 30 GW of nuclear power, sources reveal. Stock Price Movement: With a market capitalization of Rs. 2,93,615.05 crore, the [...]
India’s largest energy conglomerate NTPC Ltd. updated in a statement on Thursday that Malaysia’s Petronas has proposed to buy a 20% holding in the renewable energy business of the company for Rs 3,800 crore. If concluded, this will be the first of its kind purchase transaction by an Indian public sector undertaking (PSU). NTPC Green [...]
NTPC Renewable Subsidiary IPO: State-run NTPC Ltd has begun laying the groundwork for initial share sales of its Renewable energy subsidiaries NTPC Vidyut Vyapar Nigam Ltd (NVVN) and NTPC Renewable Energy Ltd (NTPC REL), according to two persons familiar with the effort. The renewable energy companies NVVN and NTPC REL are anticipated to be among [...]
