 "NTPC, NTPC Limited")
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
