{"id":423340,"date":"2021-06-30T11:25:06","date_gmt":"2021-06-30T05:55:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=423340"},"modified":"2021-06-30T11:25:06","modified_gmt":"2021-06-30T05:55:06","slug":"ntpc-may-launch-ipo-for-re-unit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-may-launch-ipo-for-re-unit\/","title":{"rendered":"\u2018NTPC may launch IPO for RE unit\u2019"},"content":{"rendered":"<p>CHENNAI:  State-run power producer NTPC Ltd. is considering an initial public offering (IPO) of its newest subsidiary NTPC Renewable Energy Ltd. in an effort to raise capital that will fund its ambitious clean energy targets. The company has set itself a goal of achieving 60 GW of installed renewable energy capacity by 2032. <\/p>\n<p>Speaking about the company\u2019s clean energy plans at a virtual event on Tuesday, NTPC\u2019s chairman and managing director Gurdeep Singh said that NTPC was not just looking at one single avenue to mobilise funds. \u201cWe should not focus on one way of raising funds. We want to soon go to public for raising funds,\u201d he said, noting that NTPC would add 7-8 GW  of renewable energy capacity every year. Singh pointed out that over the past five years, NTPC has not added any thermal capacities. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHENNAI: State-run power producer NTPC Ltd. is considering an initial public offering (IPO) of its newest subsidiary NTPC Renewable Energy Ltd. in an effort to raise capital that will fund its ambitious clean energy targets. The company has set itself a goal of achieving 60 GW of installed renewable energy capacity by 2032. Speaking about the company\u2019s clean energy plans at a virtual event on Tuesday, NTPC\u2019s chairman and managing director Gurdeep Singh said that NTPC was not just looking at one single avenue to mobilise funds. \u201cWe should not focus on one way of raising funds. We want to [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,243,143],"tags":[],"class_list":["post-423340","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/423340","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=423340"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/423340\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=423340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=423340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=423340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}