NTPC Green Energy Forms JV with Maharashtra State Power Generation Company Ahead of IPO Debut
In a significant development ahead of its market debut, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, has established a 50:50 joint venture with Maharashtra State Power Generation Company Ltd (MAHAGENCO). The new entity, named Mahagenco NTPC Green Energy Private Limited (MNGEPL), was incorporated on November 25, 2024. Purpose of the Joint…