+
NTPC to raise Rs 50 bn via stake sale in green arm
POWER & RENEWABLE ENERGY

NTPC to raise Rs 50 bn via stake sale in green arm

NTPC intends to raise Rs 50 billion by selling a stake in a recently established green energy division, according to the reports. SBI Capital Markets has been hired by the state-owned power generation juggernaut to provide advice on the selling process, which may formally begin in October. The Kuwaiti and Abu Dhabi sovereign wealth funds, as well as the Canadian pension funds, are situated in the Middle East.

After the infusion of capital, NTPC wants to keep the majority ownership of the arm. Given that the company has government backing, the stake sale is anticipated to generate considerable interest. Additionally, it can give investors a sense of security by guaranteeing that their projects would be supported by safe, long-term power selling agreements. NTPC reportedly did not respond to queries.

NTPC intends to raise Rs 50 billion by selling a stake in a recently established green energy division, according to the reports. SBI Capital Markets has been hired by the state-owned power generation juggernaut to provide advice on the selling process, which may formally begin in October. The Kuwaiti and Abu Dhabi sovereign wealth funds, as well as the Canadian pension funds, are situated in the Middle East. After the infusion of capital, NTPC wants to keep the majority ownership of the arm. Given that the company has government backing, the stake sale is anticipated to generate considerable interest. Additionally, it can give investors a sense of security by guaranteeing that their projects would be supported by safe, long-term power selling agreements. NTPC reportedly did not respond to queries.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

India’s Global CE Connect

India’s construction equipment industry is entering a phase where scale is increasingly being matched by productivity, technology, localisation and lifecycle economics. Against this backdrop, bauma ConExpo India 2026, scheduled for September 15-18 at the India Expo Centre, Greater Noida, will bring the global and Indian construction machinery ecosystem together.The eighth edition is expected to be the largest yet, with the exhibition sold out across around 1.45 million sq ft. More than 1,100 exhibitors from over 100 countries are expected to participate, with visitor numbers projected to exc..

Next Story
Real Estate

Orris, Godrej Properties Settle Dispute Over Gurugram Project

Orris Infrastructure and Godrej Properties Limited have reached an amicable settlement over matters related to the jointly developed Godrej Air project in Gurugram, bringing an end to the dispute between the two companies.The Bombay High Court, while hearing a petition filed by Orris Infrastructure, ordered the immediate and unconditional release of Orris Managing Director Amit Gupta on August 25, 2026, after being informed about the settlement agreement between the parties.A single-judge bench led by Justice Milind N. Jadhav noted that in view of the settlement agreement signed by both compan..

Next Story
Infrastructure Urban

Panasonic Launches Second Cycle of Startup Co-Creation Programme

Panasonic Life Solutions India (PLSIND), through its IGNITION Open Innovation platform, has announced the second cycle of Co.lab Studio, a startup collaboration initiative focused on developing scalable digital services and solutions.The new cycle will focus on Safety & Security and Daily Living solutions for communities by leveraging Panasonic’s AI and IoT-enabled connected living platform, MirAIe. The programme aims to help startups move from innovation concepts to pilot deployments, platform integrations and commercialisation-ready solutions.The first cycle of Co.lab Studio received 1..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code