# NTPC Green-ONGC Green JV bids $650M for Ayana Renewable Power

A joint venture between NTPC Green Energy and ONGC Green Energy is the highest bidder for Ayana Renewable Power, with a bid of about $650 million. Ayana operates solar and wind plants producing 1,600 MW.

- Type: Acquisition
- Announced: 2024-11-15
- Where: India
- Value: $650.0M
- Status: rumored
- Products: solar power, wind power
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [NTPC Green Energy](https://endata.com/companies/79696.md) (acquirer)
- [ONGC Green Energy](https://endata.com/companies/81035.md) (acquirer)
- [Ayana Renewable Power](https://endata.com/companies/81036.md) (target)
- [National Investment and Infrastructure Fund](https://endata.com/companies/81037.md) (investor)
- [British International Investment Fund](https://endata.com/companies/81038.md) (investor)
- [Green Growth Equity Fund](https://endata.com/companies/81039.md) (investor)

## Sources

- [reuters.com](https://www.reuters.com/business/energy/jv-green-arms-indias-ntpc-ongc-is-highest-bidder-ayana-renewable-650-mln-sources-2024-11-15/), 2024-11-15: "A joint venture between India's NTPC Green Energy and ONGC Green Energy is the highest bidder for Ayana Renewable Power having bid about $650 million."

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