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NTPC willing to acquire distressed power projects to supplement its capacity growth

02 Aug 2013 Evaluate

Contrary to its traditional organic growth strategy, largest power generator NTPC is willing to acquire distressed power projects to supplement its capacity growth. The company is currently sitting with cash pile of Rs 18,738 crore, which can be utilized for funding acquisition. NTPC has planned capital expenditure of Rs 20,200 crore for the financial year 2013-14 and is confident of executing it despite challenges related to land acquisition and environment clearances.

However, the company is not the only one with this strategy as many private companies like JSW Energy and Reliance Power have recently indicated their keenness to acquire distressed assets.

NTPC Share Price

399.20 5.55 (1.41%)
20-Apr-2026 11:17 View Price Chart
Peers
Company Name CMP
NTPC 399.20
Tata Power 434.20
Adani Power 204.60
Power Grid Corp 321.95
Torrent Power 1625.40
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