ArcelorMittal, CPPIB among bidders for stake in NTPC Green Energy

ArcelorMittal, Brookfield and Canada Pension Plan Investment Board are among over a dozen entities that have evinced interest in buying stake in NTPC Green Energy Ltd, according to sources.

NTPC Green Energy Ltd (NGEL) is a wholly-owned subsidiary of state-owned power giant NTPC Ltd. The expression of interest (EoI) for stake sale of 5 to 10 per cent in NGEL was invited in June this year.

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