NTPC Ltd.

NTPC has received approval for the amalgamation of Nabinagar Power Generating and Kanti Bijlee Utpadan Nigam, which are wholly owned subsidiaries of the Company, with itself. The Board of Directors of the Company at its meeting held on November 09, 2019 has approved the same.

The proposed amalgamation will provide several benefits including streamlined group structure by reducing the number of legal entities, reducing the multiplicity of legal and regulatory compliances, rationalizing costs.

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.