NTPC Concludes Acquisition Of Govt's Stake In THDC, NEEPCO At Rs 11,500 Cr

Thursday March 26, 2020.

The company informed the exchanges that it signed share purchase agreement on Wednesday to buy the government's entire 74.49 per cent stake of THDC for an aggregate consideration of Rs 7,500 crore

NTPC bought the entire stake of govt in both hydropower generating firms

Power generating firm

concluded the acquisition of Centre’s entire stake in two hydropower generating firms, THDC India and North Eastern Electric Power Corporation (NEEPCO), at Rs 11,500 crore.

The company informed the exchanges that it signed share purchase agreement on Wednesday to buy the government’s entire 74.49 per cent stake of THDC for an aggregate consideration of Rs 7,500 crore.

First Published: Fri, March 27 2020. 00:42 IST

';if(neverShowNotificaitonCookie==''||neverShowNotificaitonCookie=='undefined'||neverShowNotificaitonCookie==null){var lastReminderCookie=getCookie('_ler'+loginParamObj.uId);if((lastReminderCookie=="")||(lastReminderCookie=="undefined")||(lastReminderCookie==null)){$('body').prepend(notificationBox);}else{if(lastReminderCookie

');$("#loading_invoice").show();var _id=this.id;$.ajax({"type":"POST","url":"https://api.business-standard.com/user/api/generate-user-invoice","data":{"request_id":loginParamObj.uId},"success":function(data){$("#generate_invoice").text('click here');resopnseObject=JSON.parse(data);if(resopnseObject.status=='success'){if(resopnseObject.tinyUrl!=""||resopnseObject.tinyUrl!=null){$("#notification_message").html('Your invoice has been sucessfully generated.

Please click here to pay ');window.open(resopnseObject.tinyUrl,"_blank");if($("#generate_invoice_manage").length>0){location.reload();}generateInvoice2=function(){};}else{alert("Your invoice has been successfully generated. Please check your mail.");generateInvoice2=function(){alert("Your invoice has been successfully generated. Please check your mail.");};}}else{alert("Your request has been registered by us. We will contact you soon");generateInvoice2=function(){alert("Your request has been registered by us. We will contact you soon");};remindNotificationLater(loginParamObj.uId);}$("#loading_invoice").hide();}});return false;}}}}}});function remindNotificationLater(userId){var currentTimestamp=Math.floor(Date.now()/1000);var tempTime=new Date(currentTimestamp*1000);var lastExpNotification=Math.floor(tempTime.setMinutes(tempTime.getMinutes()+60)/1000);var d=new Date();d.setTime(d.getTime()+(60*60*1000));var expires="expires="+d.toUTCString();document.cookie="_ler"+userId+"="+lastExpNotification+"; "+expires+"; path=/";$('#endSubscriptionNotification').remove();}function closeNotificationForever(userId){var neverShowNotificaitonCookie=getCookie('_nsn');neverShowNotificaitonCookie+=","+userId;var d=new Date();d.setTime(d.getTime()+(30*24*60*60*1000));var expires="expires="+d.toUTCString();document.cookie="_nsn="+neverShowNotificaitonCookie+"; "+expires+"; path=/";$('#endSubscriptionNotification').remove();}function popupOpen(shareHref){var fullHref=shareHref+window.location.href;window.open(fullHref,'fbShareWindow','height=450, width=550, top='+($(window).height()/2-275)+', left='+($(window).width()/2-225)+', toolbar=0, location=0, menubar=0, directories=0, scrollbars=0');}

NTPC Concludes Acquisition Of Govt's Stake In THDC, NEEPCO At Rs 11,500 Cr

The company informed the exchanges that it signed share purchase agreement on Wednesday to buy the government's entire 74.49 per cent stake of THDC for an aggregate consideration of Rs 7,500 crore

The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty

Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction

Central Banks And The Economic Horizon: Steering Through Uncertaintie

Transforming Financial Operations With Robotic Process Automation

The Role Of Machine Learning In Fraud Detection

Principles Of Islamic Banking And Finance

navigation

media coverage

follow us