NTPC Ltd.
BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
340.05
2.05 (0.61%) NTPC enters into pact with NIIF to explore business opportunities in India
Date: 16-07-2020NTPC has entered into a Memorandum of Understanding (MoU) with National Investment and Infrastructure Fund (NIIF), acting through National Investment and Infrastructure Fund Limited (NIIFL), to explore opportunities for investments in areas like renewable energy, power distribution among other areas of mutual interest in India.
With this MoU, NTPC and NIIF aim to collaborate to further help India’s vision of building sustainable and robust energy infrastructure in the country. This partnership aims to bring together NTPC’s technical expertise and NIIF’s ability to raise capital and bring in global best practices by leveraging its existing relationships with leading players.
NTPC is country’s largest power generation company.