# NTPC to acquire stakes in NEEPCO and THDC India

NTPC's board approved the acquisition of a 100% stake in NEEPCO and a 74.5% stake in THDC India from the Indian government. The deals are valued at an estimated INR15bn ($210m).

- Type: Acquisition
- Announced: 2020-01-28
- Where: India
- Value: $210.0M
- Status: announced
- Products: electric power
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [NTPC Limited](https://endata.com/companies/883.md) (acquirer)
- [THDC India Ltd](https://endata.com/companies/41727.md) (target)
- [NEEPCO](https://endata.com/companies/44824.md) (target)

## Sources

- [nsenergybusiness.com](https://www.nsenergybusiness.com/deals/ntpc-neepco-thdc-india/), 2020-01-28: "NTPC said that its board has approved in-principal the company's acquisition of a 100% stake in North Eastern Electric Power Corporation (NEEPCO) and a 74.5% stake in THDC India held by the Indian government."

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