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+--- Thread: Petronas offers US$460 mln for 20% stake in India's NTPC's green arm (/Thread-Petronas-offers-US-460-mln-for-20-stake-in-India-s-NTPC-s-green-arm)
Petronas offers US$460 mln for 20% stake in India's NTPC's green arm - Levin - 18-03-2023
By Sarita Chaganti Singh
......
The offer price was higher than the 30 billion rupees NTPC (NTPC.NS) had been expecting when it asked for expressions of interest in NTPC Green Energy (NGEL) last year and was 78% above the second-highest bidder. It values the NGEL at US$2.3 billion.
https://www.reuters.com/markets/deals/malaysias-petronas-offers-460-mln-stake-indias-ntpcs-green-arm-sources-2023-03-16/