
MUMBAI (NewsRise) -- NTPC's acquisition of government's stake in THDC India and North Eastern Electric Power Corp. will help India's largest power-generation utility boost its renewable energy fuel mix and curb the dominance of coal, analysts said.
The state-run power generator signed pacts with federal government on Thursday to acquire New Delhi's entire stake in the two companies for a total of 115 billion rupees ($1.52 billion) in cash.