{"id":343909,"date":"2020-03-28T10:59:01","date_gmt":"2020-03-28T05:29:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=343909"},"modified":"2020-03-28T10:59:01","modified_gmt":"2020-03-28T05:29:01","slug":"thdcil-neepco-acquisitions-are-pricey-but-ntpc-can-make-them-work","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/thdcil-neepco-acquisitions-are-pricey-but-ntpc-can-make-them-work\/","title":{"rendered":"THDCIL, NEEPCO acquisitions are pricey, but NTPC can make them work"},"content":{"rendered":"<p>Acquisitions are seldom fair, especially if it involves government companies. NTPC Ltd will pay \u20b911,500 crore to acquire the government\u2019s stakes in THDC India Ltd (THDCIL) and North Eastern Electric Power Corp Ltd (NEEPCO).<\/p>\n<p>NTPC will pay \u20b97,500 crore for 75% stake in THDCIL and \u20b94,000 crore for full ownership (100%) in NEEPCO.<\/p>\n<p>Financials for the year ended March 2019 peg the acquisition at a price to book value (P\/B) of 0.9 times, higher than 0.7 times valuation the market is currently ascribing to NTPC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Acquisitions are seldom fair, especially if it involves government companies. NTPC Ltd will pay \u20b911,500 crore to acquire the government\u2019s stakes in THDC India Ltd (THDCIL) and North Eastern Electric Power Corp Ltd (NEEPCO). NTPC will pay \u20b97,500 crore for 75% stake in THDCIL and \u20b94,000 crore for full ownership (100%) in NEEPCO. Financials for the year ended March 2019 peg the acquisition at a price to book value (P\/B) of 0.9 times, higher than 0.7 times valuation the market is currently ascribing to NTPC.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-343909","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343909","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=343909"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343909\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=343909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=343909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=343909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}