NTPC in talks with NIIF for setting up an InvIT

NTPC Limited is in talks with the National Investment and Infrastructure Fund (NIIF) to set up an infrastructure investment trust (InvIT) as a joint venture (JV).

The company plans to put its entire 1GW of operational renewable assets and the 2 GW of renewable energy projects in pipeline under the proposedInvIT. This will help to raise capital for the expansion of renewable capacity. The company also plans to form a JV with NIIF to participate in the privatisation of discoms business

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