NTPC Ltd.

NTPC is reportedly mulling buying power plants run by indebted RattanIndia Power. and Jaiprakash Power Ventures. The company is doing an internal assessment of RattanIndia’s plants at Nasik and Amravati in the western state of Maharashtra and Jaiprakash’s Nigrie plant in neighbouring Madhya Pradesh state. The state-run generator will consider bidding if the creditors to the two companies decide to take these assets to bankruptcy court after failing to resolve debt issues.

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.