NTPC Ltd.

The Centre government has reportedly floated a Cabinet note to start the process of selling 10 percent stake in National Thermal Power Company (NTPC). The share sale should fetch it about Rs 12,500 crore at current prices. The move is part of the government’s record FY16 disinvestment plan of Rs 69,500 crore through which it aims to achieve its Budgeted fiscal deficit target of 3.9% next fiscal.

NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.