6.45 (1.80%) The government is planning to explore the possibility of a big-ticket merger and acquisition of NTPC and SJVN. In this regard, Department of Investment and Public Asset Management (DIPAM) has written to the Power Ministry.
The Department need a big M&A (merger and acquisition) in oil, power or any sector to boost revenue flow to the disinvestment kitty.
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.