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NTPC planning to list green energy vertical in next 1-2 years

28 Dec 2023 Evaluate

NTPC is planning towards listing its green energy vertical in the next 1-2 years, as it anticipates higher demand going forward. The entity is expecting a 30-40 per cent rise in capex to cater to increased power demand in the country.

Besides, the company is working on all the front -- coal-based vertical, more aggressively on the solar, green and going forward for the new fuels like green hydrogen chemicals.

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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