NTPC Green Energy, the renewable energy wing of the state-owned power company NTPC Limited plans to raise ₹10,000 crore through an IPO

The initial public offering (IPO) makes NTPC Green Energy the third-largest IPO of the year, following Hyundai Motors India's Rs 28,756 crore IPO and Swiggy's Rs 11,327 crore issue.

According to stock market observers, NTPC Green Energy Limited shares are available at a premium of ₹3 in the grey market today

NTPC Green Energy Limited's IPO aims to raise ₹10,000 crore for renewable energy projects, with growth potential and risks highlighted. Ventura Securities advises investors to ‘subscribe’.

India’s energy sector is undergoing a transformative shift and NTPC has plugged into this change with its green initiative. NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC, focuses on solar, wind, and hybrid power projects. Established in April 2022, NGEL has an

NTPC Green Energy’s initial public offering (IPO) is poised to open for public bidding on Dalal Street this week. The public offer will be opened for anchor bidding on Monday, November 18.

NTPC Green Energy IPO price band is set at ₹102 to ₹108 per share. At the upper-end of the price band, the company plans to raise ₹10,000 crore from the book-built issue which is entirely a fresh issue of 92.

NGEL plans to commission 16 GW of solar capacity over the next three years, driving profitability, improving cash flows, and optimising costs through economies of scale, says management ahead of its Rs 10,