NTPC Ltd.

The government is planning to sell 2.06 crore shares in NTPC to eligible employees at a price of Rs 115.90, a 5% discount to the price of Rs 122 at which the government sold 5% stake in the power generator in February. The offer-for-sale, if fully subscribed, will help the government to raise around Rs 238 crore. The offer will remain open from June 27 to July 5.

NTPC is an Indian central Public Sector Undertaking (PSU) under the Ministry of Power, Government of India, engaged in the business of generation of electricity and allied activities. The company also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management and operation and management of power plants.