NTPC board approves asset monetization proposal

At meeting held on 29 January 022

The Board of NTPC at its meeting held on 29 January 2022 has accorded approval for Asset Monetization Proposal to hive-off the identified Renewable Energy Assets of NTPC along with NTPC Renewable Energy (NTPC REL) to a wholly owned Company and carrying out monetization of the wholly owned Company through IPO or strategic investment route, subject to requisite approvals/clearances.

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