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
NTPC bought the entire stake of govt in both hydropower generating firms
Power generating firm
NTPCconcluded 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');}
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more
Coutts Sets Scope On New Continent
Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more
From Cypherpunk To Citadel
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more
ACB Securities: Building Scale, Trust & Innovation
ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more
War Risk Returns To Markets As VIX Surges
For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more