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Govt eyeing to sell 3-5% stake in NTPC: Report

19 Dec 2018 Evaluate

Government is reportedly eyeing to sell 3-5% stake in NTPC through the offer-for-sale (OFS) route to garner between Rs 3,500-6,000 crore. In FY18, the government had mopped up Rs 9,269 crore by selling 6.75% via OFS in the company.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

Peers
Company Name CMP
NTPC 321.30
Tata Power 351.00
Adani Power 200.70
Power Grid Corpn. 257.00
Adani Energy Solut. 1346.40
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