8.75 (2.44%) The government is keen to sell its stake in THDC India and North Eastern Electric Power Corporation (NEEPCO) to NTPC in the current fiscal (FY20). The acquisition is expected to fetch around Rs 10,000 crore to the exchequer. The government is keen to complete the transaction whereby the NTPC would acquire government’s stake in THDCIL (THDC India) and NEEPCO this fiscal only for meeting its revised disinvestment target of Rs 65,000 crore for the 2019-20.
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.