{"id":459201,"date":"2021-12-30T09:19:28","date_gmt":"2021-12-30T03:49:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=459201"},"modified":"2021-12-30T09:54:37","modified_gmt":"2021-12-30T04:24:37","slug":"ntpc-to-cut-stake-in-renewable-energy-arm-hunt-for-strategic-investors","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-to-cut-stake-in-renewable-energy-arm-hunt-for-strategic-investors\/","title":{"rendered":"NTPC to cut stake in renewable energy arm, hunt for strategic investors"},"content":{"rendered":"<p>State-owned NTPC will reduce its stake in its newly formed renewable energy arm below 50 per cent as it plans to go public in the next fiscal year.<\/p>\n<p>NTPC-Renewable Energy, formed in October 2020, will lead the company\u2019s plan to construct 60 gigawatt (Gw) of renewable energy projects in this decade. <\/p>\n<p>In the coming months, India\u2019s largest power generation company will begin \u201cglobal roadshows\u201d to find a strategic investor in NREL, according to executives.<\/p>\n<p>\u201cWe would be open to all kinds of investors \u2013 energy utilities, financing companies, domestic, and international energy players \u2014 as long as they have financing backing that matches our ambition of 60 Gw,\u201d said a senior executive.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned NTPC will reduce its stake in its newly formed renewable energy arm below 50 per cent as it plans to go public in the next fiscal year. NTPC-Renewable Energy, formed in October 2020, will lead the company\u2019s plan to construct 60 gigawatt (Gw) of renewable energy projects in this decade. In the coming months, India\u2019s largest power generation company will begin \u201cglobal roadshows\u201d to find a strategic investor in NREL, according to executives. \u201cWe would be open to all kinds of investors \u2013 energy utilities, financing companies, domestic, and international energy players \u2014 as long as they have financing [&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-459201","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\/459201","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=459201"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459201\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=459201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=459201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=459201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}