NPCIL IPO likely in 2026 as budget support is cut sharply
The Initial Public Offering (IPO) of Nuclear Power Corporation of India Limited (NPCIL) is expected to materialise this year after remaining in the pipeline for over 15 years. The Department of Atomic Energy (DAE) informed a Parliamentary Standing Committee that Budget 2026-27 has reduced equity support to NPCIL from Rs 3,042 crore to Rs 100 crore, citing the company’s plan to proceed with a public listing. The overall capital allocation to DAE has been reduced…