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NTPC REL secures Rs 75 billion loan from IRFC

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NTPC Renewable Energy Limited (NTPC REL), an NTPC Green Energy Limited subsidiary, has secured Rs 75 billion in funding from the Indian Railway Finance Corporation (IRFC). This rupee term loan will support NTPC REL’s renewable energy expansion, including solar, wind, and hybrid power projects. In January 2025, NTPC REL sought bids for up to Rs 200 billion to fund various projects, loan refinancing, and general corporate purposes. The latest funding will contribute to its target…

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NTPC Green receives SEBI approval for Rs 100 billion IPO

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NTPC Green Energy, a subsidiary of NTPC Ltd, has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs 100 billion initial public offering (IPO).  As India’s largest public sector renewable energy enterprise (excluding hydro) by capacity and power generation in FY 2024, NTPC Green Energy initially filed its IPO documents with SEBI on September 18, 2024. As of June 30, 2024, NTPC Green Energy managed 37 solar…