NTPC to offer fee-based management services to stressed power plants in private sector

NTPC is planning to offer fee-based management services to stressed power plants in the private sector. For those stressed plants that are currently under implementation, NTPC will assist the project developers and lenders in completing the construction and commencing commercial operations at the plants. In the long term, it may look at picking up equity in these projects. The company, however, does not plan to go for direct acquisition unless necessitated by the central government.