NTPC Acquires North Eastern Electric Power Corporation Limited
The move will help NTPC gain expertise in developing sustainable projects in difficult terrains
March 30, 2020
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
The National Thermal Power Corporation of India (NTPC) has acquired 3,60,98,09,800 equity shares in the North Eastern Electric Power Corporation Limited (The share purchase agreement represents an amount of ₹40 billion (~$530.23 million), 100% of the total paid-up share capital of NEEPCO.