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NTPC board approves asset monetization proposal

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Capital Market
Last Updated : Jan 31 2022 | 10:31 AM IST

At meeting held on 29 January 022

The Board of NTPC at its meeting held on 29 January 2022 has accorded approval for Asset Monetization Proposal to hive-off the identified Renewable Energy Assets of NTPC along with NTPC Renewable Energy (NTPC REL) to a wholly owned Company and carrying out monetization of the wholly owned Company through IPO or strategic investment route, subject to requisite approvals/clearances.

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First Published: Jan 31 2022 | 10:18 AM IST

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