NTPC to enter distribution business, buyouts planned
State-run NTPC said on Monday that it is “actively looking for” opportunities in the business of power distribution, a move that gels with its diversification drive. NTPC’s chairman and managing director Gurdeep Singh unveiled the plan at the company’s annual analysts and investors meet.
“The company is looking for candidate with 25 years of power industry experience and in-depth exposure of distribution business,” a person familiar with the development told FE.
