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September 26,2024

NTPC Green Energy Joins MAHAPREIT for 10 GW Renewable Projects

NTPC Green Energy has partnered with MAHAPREIT to develop 10 GW of Renewable Energy parks across India, starting in Maharashtra. This announcement follows NTPC Green Energy's IPO filing with the Securities Exchange Board of India, aiming to raise ₹10,000 crore through new shares. Analysts at Goldman Sachs valued the subsidiary at ₹78,000 crore, while Kotak Securities found its earnings sub-par.

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