NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
367.30
8.75 (2.44%)
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NTPC to acquire stake in NEEPCO, THDC

Date: 28-01-2020

NTPC’s board has given in-principle approval for the acquisition of entire equity stake of Government of India in NEEPCO (i.e. 100% of paid up share capital of NEEPCO) and THDC (i.e. 74.5% of paid up share capital of THDC). The Board of Directors of the Company at its meeting held on January 27, 2020.

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.