NTPC sale powers up India divestment ambitions

India kicks off one of the largest ever government divestment deals with a $2.2 billion sale of shares in the country’s largest power producer.

The Indian government took a big step towards fulfilling its ambitious divestment target for the current financial year on Tuesday when it launched a 10% offer-for-sale (OFS) in National Thermal Power Corporation (NTPC).

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media