{"id":338729,"date":"2020-02-24T11:10:25","date_gmt":"2020-02-24T05:40:25","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=338729"},"modified":"2020-02-24T12:00:06","modified_gmt":"2020-02-24T06:30:06","slug":"govt-keen-to-sell-stake-in-thdcil-neepco-to-ntpc-this-fiscal-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-keen-to-sell-stake-in-thdcil-neepco-to-ntpc-this-fiscal-report\/","title":{"rendered":"Govt keen to sell stake in THDCIL, NEEPCO to NTPC this fiscal: Report"},"content":{"rendered":"<p>The government is keen to sell its stake in THDC India and North Eastern Electric Power Corporation (NEEPCO) to state-owned NTPC in the current fiscal, according to a source. <\/p>\n<p>The acquisition is expected to fetch around Rs 10,000 crore to the exchequer. <\/p>\n<p>&#8220;The government is keen to complete the transaction whereby the NTPC would acquire government&#8217;s stake in THDCIL (THDC India Ltd) and NEEPCO this fiscal only for meeting its revised disinvestment target of Rs 65,000 crore for the 2019-20,&#8221; the source said. <\/p>\n<p>The government had earlier proposed to raise Rs 1.05 trillion from disinvestment during 2019-20. However, in the budget presented earlier this month, it reduced the divestment target to Rs 65,000 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is keen to sell its stake in THDC India and North Eastern Electric Power Corporation (NEEPCO) to state-owned NTPC in the current fiscal, according to a source. The acquisition is expected to fetch around Rs 10,000 crore to the exchequer. &#8220;The government is keen to complete the transaction whereby the NTPC would acquire government&#8217;s stake in THDCIL (THDC India Ltd) and NEEPCO this fiscal only for meeting its revised disinvestment target of Rs 65,000 crore for the 2019-20,&#8221; the source said. The government had earlier proposed to raise Rs 1.05 trillion from disinvestment during 2019-20. However, in the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-338729","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=338729"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338729\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=338729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=338729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=338729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}