NTPC plans to acquire government's stake in SJVN

NTPC is pursuing the acquisition of the Indian government's 63.79% stake in SJVN Ltd, a hydropower company, to boost its non-thermal portfolio. The deal is valued at approximately ₹6,605 crore and is expected to close before the end of the current financial year.

“SJVN mainly has Hydropower assets and we would like to diversify across the power generation value chain.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comNTPC eyes centre’s stake in SJVN in a bid to boost non-thermal portfolio - The HinduBusinessLineTwesh MishraDec 7, 2018

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