NTPC Green Energy IPO eyes $12 bn Valuation
Business Standard|November 13, 2024
NTPC Green Energy Ltd is considering seeking a valuation of about $12 billion in what could be one of India's biggest initial public offerings (IPO) in the renewable energy industry, according to people familiar with the matter.
NTPC Green Energy IPO eyes $12 bn Valuation

The clean energy subsidiary of state-backed NTPC has held discussions with advisors about pricing its IPO at more than ₹100 ($1.18) a share, the people said, asking not to be identified because the matter is private. NTPC Green Energy may raise up to ₹10,000 crore in the share sale, the company has previously said.

This story is from the November 13, 2024 edition of Business Standard.

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This story is from the November 13, 2024 edition of Business Standard.

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