NTPC Green Energy plans a $12 billion IPO, signaling strong interest in India's renewable energy growth.

NTPC Green Energy, a subsidiary of state-owned NTPC, is planning an IPO valued at nearly $12 billion, which could be one of the largest in the renewable energy sector. The company aims to price its shares over Rs 100, raising up to Rs 100 billion. The IPO books are expected to open soon, following the successful listing of Waaree Energies. This move highlights the growing interest in India's renewable energy sector, which has added over 100 gigawatts in the past decade.

November 12, 2024
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