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No formal communication on government’s NHPC stake sale: NTPC

NTPC reported 1.14 per cent decline in standalone net profit to Rs 2,588.14 crore for the quarter ended June, due to higher depreciation, borrowing cost and expenditure on fuel. New Delhi: NTPC has not received any formal communication yet on government’s reported plans to sell its stake in hydropower producer NHPC to the state-run power […]

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