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NTPC to list 3 subsidiaries as part of Rs 15,000-crore asset monetisation

Sources said the company would start a pilot of producing green hydrogen at its Vindhaychal thermal power unit in Madhya Pradesh

NTPC, NTPC Limited
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NTPC builds renewable projects under two heads – the EPC (engineering, procurement, and construction) model, under which it participates in tenders floated by the Centre and states and constructs on its own

Shreya Jai New Delhi
State-owned thermal power behemoth NTPC would list on exchanges its three subsidiary companies, in order to meet the government stipulated target of Rs 15,000 crore worth of asset monetisation. The three companies are NTPC Vidyut Vyapar Nigam (NVVN), North Eastern Electric Power Corporation (NEEPCO), and one-year-old NTPC-Renewable Energy (NREL). 

NTPC would also exit its joint venture with steel major SAIL -- NTPC-SAIL Power Company -- as part of the monetisation plan. Senior NTPC executives said NREL would be listed before October 2022. NTPC incorporated the wholly-owned subsidiary for its renewable energy projects in October 2020.

Gurdeep Singh, chairman and managing director of

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