NTPC Ltd.

NTPC has been allowed by the central government to invest more than the ceiling of 30 per cent of its net worth in its subsidiary NTPC Green Energy (NGEL). Presently, the maharatna central public sector undertakings require approval of the Union Cabinet to invest an amount more than 30 per cent of its net worth.

As per the notification released by the government, the Cabinet Committee on Economic Affairs (CCEA) has granted exemption to NTPC from the extant guidelines of delegation of power to Maharatna CPSEs for making investment in NTPC Green Energy. 

The CCEA also exempted NGEL’s investment in NTPC Renewable Energy (NREL) and its other JVs/subsidiaries subject to a ceiling of 15% of its net worth beyond the monetary ceiling of Rs 5,000 crore to Rs 7,500 crore, towards achieving a target of 60 GW Renewable Energy (RE) Capacity by NTPC.

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.