 "NTPC")
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 looking to sell minority stake to raise up to Rs 2,000 crore.
Sources said, among the ones who have submitted bids are Canada Pension Plan Investment Board (CPPIB), Brookfield, Abu Dhabi’s TAQA and National Investment and Infrastructure Fund (NIIF). Malaysian oil and gas company Petronas and global steel major ArcelorMittal have also put their bids for the same.
NTPC has doubled its plan for non-fossil fuel sources based
