NTPC signs $1.5bn deals to acquire stakes in NEEPCO and THDC India

NTPC signs $1.5bn deals to acquire stakes in NEEPCO and THDC India

India’s state-owned power producer the National Thermal Power Corporation (NTPC) has signed agreements with the Indian President Ramnath Kovind to acquire stakes held by the federal government in two regional power utilities North Eastern Electric Power Corporation (NEEPCO) and THDC India from the Indian government for a combined sum of INR115 billion ($1.53 billion). NTPC […]