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November 22,2024

NTPC Green Energy's $1.2 billion IPO Fully Subscribed Amid Demand

NTPC Green Energy's $1.2 billion IPO was fully subscribed on its final day, reflecting strong investor interest in Renewable Energy. The demand highlights India's growing appeal for new offerings, especially in Clean Energy, aligning with the Government's net-zero carbon goal. Despite a weak market and foreign fund outflows, the IPO raised $469 million through anchor allotment.

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