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NTPC Green Energy IPO subscribed 33% on Day 1 of offer; retail portion oversubscribed

IndiaTimes Tuesday, 19 November 2024 ()
NTPC Green Energy Ltd's IPO received bids for a third of the shares on its first day, with the retail portion oversubscribed. The company aims to raise Rs 10,000 crore to repay debt and fund growth. It plans to expand its renewable energy capacity significantly in the coming years, including pumped hydro projects.
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