The initial public offering (IPO) of NTPC Green Energy Limited, the renewable energy arm of NTPC Limited, has garnered significant attention as it opened for subscription. The IPO, which launched on November 19, 2024, aims to raise ₹10,000 crore and will remain open until November 22, 2024. On its first day, the offering was subscribed […]
State-owned power company NTPC has greenlit a massive Rs 20,922 crore investment in two key power projects while moving forward with an IPO launch for its renewable arm. The dual developments have raised questions for investors: buy, sell, or hold?
NTPC Green Energy, a subsidiary of NTPC Limited, has officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking a significant step toward a ₹10,000 crore initial public offering (IPO). The filing, completed on September 18, 2024, comes as India ramps up its renewable energy ambitions. The […]
In a landmark move for India’s renewable energy sector, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra. This agreement, part of Maharashtra’s Green Investment Plan for the next five years, paves the way for the development of Green Hydrogen, Green Ammonia, […]
Indian Oil Corporation (IndianOil) and NTPC Green Energy, a 100% subsidiary of NTPC, have agreed to form a joint venture (JV) to build renewable energy power plants to meet the power requirements of the former’s new projects of its refineries in India. Gurdeep Singh — NTPC CMD said: “Energy Transition is inevitable, what we have […]
Hindustan Petroleum Corporation Ltd. (HPCL) has entered into the petrochemicals business with pre-marketing of a new polymer brand called HP DURAPOL. According to the Indian government-owned Indian oil and gas refining company, this is a pre-cursor to the marketing of the petrochemical products to be produced at HPCL Rajasthan Refinery Limited (HRRL). HPCL said that […]