Daily BriefsUtilities Sector

Daily Brief Utilities: NTPC Green Energy Ltd and more

In today’s briefing:

  • NTPC Green Pre-IPO Tearsheet


NTPC Green Pre-IPO Tearsheet

By Akshat Shah

  • NTPC Green Energy Ltd (2214556D IN) is looking to raise about US$1.2bn in its upcoming India IPO. The deal will be run by IDBI Cap, HDFC, IIFL and Nuvama Wealth.
  • It is a renewable energy public sector enterprise and a wholly owned subsidiary of NTPC Limited. Its portfolio encompasses solar and wind power assets with presence in over six states.
  • According to CRISIL, it was the largest renewable energy public sector enterprise (excluding hydro) in terms of operating capacity as of June 30, 2024 and power generation in FY24.

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