NTPC Green Energy's Rs 10,000 cr IPO likely in November first week

In the last few years, India has seen several clean energy focussed IPOs. This one, by the RE arm of India’s largest power generation company, provides another investment opportunity to Indian investors.

Close on the heels of the IPO, NTPC Green has also announced joint ventures with the Governments of Maharashtra and Rajasthan to develop 10GW and 25GW of RE assets, respectively.

NTPC Green has been expanding its footprint across RE, storage, and green hydrogen projects since its inception in 2022. In what direction will its portfolio expand following capital infusion from the IPO?

How will NTPC Green’s IPO compare with that of other public-sector renewable companies?