In Short : Neyveli Lignite Corporation (NLC) is preparing an IPO for its renewables subsidiary, NLC India Renewables (NIRL), to fund expansion. NIRL operates 1.4 GW of solar/wind projects and targets 6 GW by 2030. The move aligns with India’s 500 GW renewable goal. The offering, likely in 2024-25, awaits government approvals. This could set […]
NTPC Ltd receives 13 bids for minority stake sale in Green Energy arm – EQ Mag Pro
NTPC has doubled its plan for non-fossil fuel sources based power to 132 Gw by 2032 at an estimated investment of $30 billion India’s largest power generating company NTPC Limited has received interest from a dozen companies, majorly global asset managers and financiers for stake in its green energy arm. The thermal power behemoth is […]