NTPC files DRHP for listing
POWER & RENEWABLE ENERGY

NTPC files DRHP for listing

NTPC Green, the renewable arm of India's leading energy conglomerate, NTPC Limited, is poised to make significant strides in the renewable energy sector. With an ambitious plan to file its Draft Red Herring Prospectus (DRHP) by July, the company aims to secure a listing by November, showcasing its commitment to sustainable energy solutions.

This strategic move underscores NTPC Green's dedication to capitalising on the burgeoning renewable energy market. By aligning with global trends towards greener alternatives, the company is set to bolster its position as a key player in the renewable energy landscape.

With the DRHP filing, NTPC Green signals its intent to leverage the financial markets to drive further growth and expansion. The move is expected to attract investors keen on sustainable ventures, thereby facilitating the company's efforts to scale up its renewable energy portfolio.

NTPC Green's decision to pursue a listing reflects its confidence in the market's appetite for green investments. As governments worldwide intensify their focus on renewable energy initiatives, the company stands poised to capitalise on this momentum, driving both environmental and financial sustainability.

This development underscores NTPC Green's proactive approach towards embracing renewable energy as a cornerstone of its business strategy. By harnessing the power of renewable resources, the company aims to contribute significantly to India's renewable energy targets while delivering value to its stakeholders.

As the world transitions towards a more sustainable energy paradigm, NTPC Green emerges as a trailblazer in the renewable energy space. With its forthcoming DRHP filing and subsequent listing, the company is set to embark on a new chapter of growth and innovation in the renewable energy sector

NTPC Green, the renewable arm of India's leading energy conglomerate, NTPC Limited, is poised to make significant strides in the renewable energy sector. With an ambitious plan to file its Draft Red Herring Prospectus (DRHP) by July, the company aims to secure a listing by November, showcasing its commitment to sustainable energy solutions. This strategic move underscores NTPC Green's dedication to capitalising on the burgeoning renewable energy market. By aligning with global trends towards greener alternatives, the company is set to bolster its position as a key player in the renewable energy landscape. With the DRHP filing, NTPC Green signals its intent to leverage the financial markets to drive further growth and expansion. The move is expected to attract investors keen on sustainable ventures, thereby facilitating the company's efforts to scale up its renewable energy portfolio. NTPC Green's decision to pursue a listing reflects its confidence in the market's appetite for green investments. As governments worldwide intensify their focus on renewable energy initiatives, the company stands poised to capitalise on this momentum, driving both environmental and financial sustainability. This development underscores NTPC Green's proactive approach towards embracing renewable energy as a cornerstone of its business strategy. By harnessing the power of renewable resources, the company aims to contribute significantly to India's renewable energy targets while delivering value to its stakeholders. As the world transitions towards a more sustainable energy paradigm, NTPC Green emerges as a trailblazer in the renewable energy space. With its forthcoming DRHP filing and subsequent listing, the company is set to embark on a new chapter of growth and innovation in the renewable energy sector

Next Story
Infrastructure Transport

Kochi Port Welcomes First LNG-Powered Container Ship

The Vallarpadom Container Terminal at Kochi made history as it "turned green" with the arrival of a 365-meter-long container carrier, the MSC ROSE. This significant event marks the first time a container ship powered by Liquefied Natural Gas (LNG) has docked at the port, ushering in a new era of eco-friendly maritime operations. Captain Bhaskar Kunji, chief pilot of Kochi Port Trust, proudly noted the transition from conventional diesel to LNG, emphasizing its environmental and efficiency benefits. "This is a game changer in the global shipping business," Kunji said. Unlike diesel, LNG is less..

Next Story
Infrastructure Urban

Wheels India Ltd Announces Rs.200 Crore Capex for FY2024

Wheels India Ltd, a prominent manufacturer of steel wheels for various vehicles including trucks, agricultural tractors, passenger vehicles, and construction equipment, has earmarked ?2 billion for capital expenditure in the current financial year. This significant investment will be directed towards enhancing their capabilities in offloading tractors, construction equipment, and cast aluminum machining for windmill casting segments, according to Managing Director Srivats Ram. The announcement comes on the back of a robust financial performance, with Wheels India reporting a 64.3% increase in ..

Next Story
Infrastructure Energy

India's Critical Mineral Imports Threaten Energy Security

India's reliance on imports for essential minerals like lithium, cobalt, and nickel poses a significant threat to its energy security and its net zero commitments by 2070, according to a recent report by the rating agency ICRA. The nation's domestic supplies of these critical minerals are of inferior quality and insufficient quantity compared to global standards, jeopardizing efforts to reduce import dependency in the near future. ICRA's series on critical minerals reveals that despite the auction of 38 mineral blocks to boost domestic production, meaningful benefits are unlikely to be realize..

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram