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NTPC to foray into electricity distribution business

28 May 2020 Evaluate

NTPC has decided to foray in electricity distribution business by evincing interest to buy 51 per cent stake in Anil Dhirubhai Ambani Group's (ADAG) two utilities in Delhi. The ADAG has two discoms namely BSES Rajdhani Power (BRPL) and BSES Yamuna Power (BYPL). This assumes significance because NTPC is primarily power generation 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 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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