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NTPC Green Energy files for Rs 100 billion IPO

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NTPC Green Energy Limited (NGEL) has submitted draft documents for an initial public offering (IPO) valued at Rs 100 billion. The IPO will consist solely of new shares, with no existing shareholders selling their stakes. NGEL aims to capitalize on the growing interest in renewable energy and the strong performance of the stock market, using the proceeds to accelerate its green energy projects.