NTPC aims to complete monetisation of renewable energy assets by January 2023

NTPC Limited plans to transfer its entire renewable energy portfolio under a new company, NTPC Green Energy Limited, followed by monetisation of its renewable energy assets by end-January 2023. It proposes to offload a 10-20 per cent stake. The entire green energy portfolio of the company will now be consolidated under NTPC Green Energy, which will have a 60 GW portfolio by 2032. About 2,861 MW of renewable energy capacity, with a book value of over Rs 100 billion, has been identified for monetisation.