# 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.

- Type: Acquisition
- Announced: 2018-12-07
- Where: India
- Value: $930.0M (66.1B INR)
- Status: announced
- Products: hydropower assets
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [NTPC Limited](https://endata.com/companies/883.md) (acquirer)
- [SJVN](https://endata.com/companies/3168.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/ntpc-may-buy-centres-stake-in-sjvn/article25688573.ece), 2018-12-07: "SJVN mainly has Hydropower assets and we would like to diversify across the power generation value chain."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.