NTPC Green Energy Limited: General Updates
General Updates - NTPC Green Energy Limited has informed the Exchange about In-principle approval for an investment of up to Rs.28,77,550/- in AP NGEL Harit Amrit Limited (APNHAL) (50:50 joint venture between NTPC Green Energy Limited and New & Renewable Energy Development Corporation of Andhra Pradesh Limited) subject to compliance with applicable statutory and regulatory requirements, by way of subscription of 2,87,755 equity shares, resulting in the Company holding increasing from 50% to 51% of the said company. Upon completion of the acquisition, APNHAL will become a subsidiary of the Company.
SectorEnergy & Renewables
Value₹28,77,550
Sources
- NSE filing - NTPC Green Energy Limited · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- CCI combination orders · official
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