{"id":559152,"date":"2023-03-01T09:26:39","date_gmt":"2023-03-01T03:56:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=559152"},"modified":"2023-03-01T10:59:05","modified_gmt":"2023-03-01T05:29:05","slug":"ntpc-transfers-15-renewable-energy-assets-to-ngel-for-rs-10000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-transfers-15-renewable-energy-assets-to-ngel-for-rs-10000-crore\/","title":{"rendered":"NTPC transfers 15 renewable energy assets to NGEL for Rs 10,000 crore"},"content":{"rendered":"<p>Power giant NTPC on Tuesday said it has completed the transfer of 15 renewable energy assets to NTPC Green Energy Ltd (NGEL) for a consideration of Rs 10,066.99 crore.<\/p>\n<p>Besides, the company has transferred its entire stake in NTPC Renewable Energy to NGEL for Rs 731.17 crore, according to a regulatory filing.<\/p>\n<p>NTPC said it has completed the transfer of 15 renewable energy assets to NGEL, a wholly-owned subsidiary, through a business transfer agreement executed on July 8, 2022.<\/p>\n<p>The consideration for transferring the 15 assets was Rs 10,066.99 crore, it added.<\/p>\n<p>Further, the company completed the transfer of 100 per cent equity shareholding in NTPC Renewable Energy to NGEL through a share purchase agreement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Power giant NTPC on Tuesday said it has completed the transfer of 15 renewable energy assets to NTPC Green Energy Ltd (NGEL) for a consideration of Rs 10,066.99 crore. Besides, the company has transferred its entire stake in NTPC Renewable Energy to NGEL for Rs 731.17 crore, according to a regulatory filing. NTPC said it has completed the transfer of 15 renewable energy assets to NGEL, a wholly-owned subsidiary, through a business transfer agreement executed on July 8, 2022. The consideration for transferring the 15 assets was Rs 10,066.99 crore, it added. Further, the company completed the transfer of 100 [&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-559152","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\/559152","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=559152"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/559152\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=559152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=559152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=559152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}