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Govt plans to sell 2.06 crore shares in NTPC to eligible employees

23 Jun 2016 Evaluate

The government is planning to sell 2.06 crore shares in NTPC to eligible employees at a price of Rs 115.90, a 5% discount to the price of Rs 122 at which the government sold 5% stake in the power generator in February. The offer-for-sale, if fully subscribed, will help the government to raise around Rs 238 crore. The offer will remain open from June 27 to July 5.

NTPC is an Indian central Public Sector Undertaking (PSU) under the Ministry of Power, Government of India, engaged in the business of generation of electricity and allied activities. The company also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management and operation and management of power plants.

 

NTPC Share Price

355.95 -0.80 (-0.22%)
01-Jul-2026 09:59 View Price Chart
Peers
Company Name CMP
NTPC 355.95
Tata Power 384.50
Power Grid Corpn. 287.05
Adani Power 223.70
Torrent Power 1415.00
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