NTPC Ltd.

NTPC’s subsidiary -- NTPC Vidyut Vyapar Nigam (NVVN) has acquired a five per cent equity stake in Power Exchange of India (PXIL). NVVN purchased the stake from NSE Investment, a co-promoter shareholder of PXIL, on January 31, 2022.

NVVN is a leading power trader in the country and the acquisition of an equity stake in PXIL would provide a strategic opportunity for the company to achieve and maintain a leadership position in the rapidly changing power trading market.

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.