InvestorQ : Why is NTPC planning to sell its stake in its joint venture with SAIL?
Tisha Malhotra made post

Why is NTPC planning to sell its stake in its joint venture with SAIL?

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Aashna Tripathi answered.
3 months ago
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NTPC plans to sell its stake in NTPC-SAIL Power, the 50:50 JV back to SAIL. The JV was formed by acquiring captive power units of SAIL’s plants at Durgapur, Rourkela and Bhilai. NTPC is making a big shift towards green energy and reducing fossil fuel assets to improve its mix. This will reduce NTPC’s carbon footprint.
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