State-run NTPC's green energy arm files for $1.2 billion India IPO
India's NTPC Green Energy filed draft papers for a 100 billion rupees ($1.19 billion) initial public offering on Wednesday, as it looks to cash in on the country's renewables expansion plans and a red-hot equities market.
NTPC Green files for Rs 10,000cr IPO
Mumbai: NTPC Green Energy, a fully-owned subsidiary of the largest power producer NTPC in India, has filed to go public through a Rs 10,000-crore IPO. The entire amount being raised through the offer will accrue to the company and NTPC will not sell any shares in the IPO.
NTPC Green Energy files draft papers to raise Rs 10,000 cr via IPO
NTPC Green Energy, the renewable energy arm of NTPC, on Wednesday filed preliminary papers with capital markets regulator Sebi to raise Rs 10,000 crore through an initial public offering ( IPO ). The initial share-sale is entirely a fresh issuance of equity shares with no offer-for-sale (OFS) component,
NTPC's Renewable Energy Arm Files for ~ ₹ 10,000 Crore IPO
NTPC Green Energy Ltd (NGEL), the renewable energy arm of NTPC, has filed draft papers for an initial public offering (IPO) to raise approximately $1.
NTPC Green Energy Files For Rs 10,000 Crore IPO To Capitalise On Renewables Surge
India’s NTPC Green Energy has filed draft papers for a ₹10,000 crore ($1.19 billion) IPO to leverage the booming renewables sector and vibrant equity market. The offering will issue new shares only. This move aligns with India’s goal to add 500 GW of clean energy by 2030.
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