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How powerful is NTPC?

IPO WATCH

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Pallavi Rao Mumbai
We say, let there be NTPC! National Thermal Power Corp, the largest power generating company in India and among the top 10 in the world, is out with its initial public offer, finally.  The offer consists of 86.58 crore shares of which 50 per cent is through a fresh issue and the rest is via an offer for sale by the government. The issue would constitute 10.5 per cent of the company

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First Published: Sep 27 2004 | 12:00 AM IST

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