NTPC completes acquisition of 100% stake in NEEPCO and 74.496% stake in THDC India
Capital MarketNTPC announced that on 27 March 2020 it has completed the acquisition of entire equity stake of Government of India in North Eastern Electric Power Corporation (NEEPCO) and THDC India (THDC) i.e. 100% of paid-up equity share capital of NEEPCO and 74.496% of paid-up equity share capital of THDC.
With the above NTPC has become the holding company and also a promoter of NEEPCO and THDC.
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