NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
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NTPC merges Nabinagar, Kanti with itself

Date: 29-08-2022

NTPC’s wholly owned subsidiaries -- Nabinagar Power Generating Company (Nabinagar) and Kanti Bijlee Utpadan Nigam (Kanti) have merged with the company. In 2018, the two firms had become wholly-owned subsidiaries of NTPC. The company had acquired the equity stake of Bihar State Power Generation Company in the two firms. NTPC had acquired 50% equity stake in Nabinagar Power Generating Company and 27.36% stake in Kanti Bijlee Utpadan Nigam on June 29, 2018. 

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.