Ndtv
State-owned NTPC is looking towards listing its green energy vertical in the next 1-2 years, as it anticipates higher demand going forward, its chairman and managing director Gurdeep Singh said on Wednesday. He also said that the entity is expecting a 30-40 per cent rise in capex to cater to increased power demand in the country.
‘Maybe I think (an IPO) down the line in next one to two years… as we add capacity and there is a pipeline of growth,’ Singh said in response to a question on whether the company was looking for listing its green energy vertical. He was participating in a panel discussion ‘An Indian Tomorrow,’ at the 10th SBI Banking & Economics Conclave here.
