green energy investment

ONGC-NTPC green JV acquires Ayana in $2.3 billion deal – The Times of India

alishpagda08@gmail.com7 months ago03 mins

NEW DELHI: ONGC-NTPC Green Pvt Ltd, an equal joint venture between ONGC Green Ltd and NTPC Green Energy Ltd, on Wednesday signed a share purchase agreement (SPA) to acquire Ayana Renewable Power Pvt Ltd at an enterprise value of $2.3 billion.This is the second-largest acquisition in the renewable space after the Adani Green Energy Ltd’s…

NTPC green energy’s $1.2 billion IPO fully sold on last day – Times of India

alishpagda08@gmail.com10 months ago03 mins

The $1.2 billion initial share offering of the renewable-energy arm of top Indian power producer NTPC Ltd. was fully sold on the last day of its sale as investors clamor for exposure to the rapidly expanding sector.The demand for NTPC Green Energy Ltd. shares underlines the rush for new issuances in a country that’s been…