NTPC Green Energy Ltd is preparing to launch its IPO with the goal of raising Rs 10,000 Crores through the issuance of 92.59 crore shares.
The company currently has a portfolio of 16,896 MW, consisting of 3,320 MW of operational projects and 13,576 MW of contracted and awarded projects, as of September 30, 2024.
In addition, NTPC Green has 9,175 MW in the pipeline through MOUs and term sheets, bringing its total capacity to an impressive 26,071 MW.
Cholamandalam Securities has given the NTPC Green Energy Ltd IPO a "SUBSCRIBE" rating, indicating confidence in the company"s growth potential and market position.
Given the current economic landscape"s increasing emphasis on renewable energy and sustainable projects, the IPO is expected to generate significant investor interest.