The proposed raise of Rs 10,000 crore will help fund the equity component of Rs 12,700 crore for a balance capex of Rs 63,500 crore for 11.7 GW of contracted and awarded projects.

Kotak said that NTPC Green Energy's proposed equity raise of ₹10,000 crore will likely suffice for the equity contribution for 11.7 GW of the incremental capacity addition.

NTPC Green Energy, the renewable energy arm of the state-owned National Thermal Power Corporation (NTPC), is gearing up to launch its highly anticipated initial public offering (IPO) worth Rs 10,000 crore.

Tata Power and Renew Power had cash return on gross capital invested (CRoGCI) of 10.8 per cent each, while Adani Green had a CRoGCI of 14.7 per cent in FY2024.

India's NTPC Green Energy filed draft papers for a 100 billion rupees ($1.19 billion) initial public offering on Wednesday, as it looks to cash in on the country's renewables expansion plans and a red-hot equities market.

Ahead of NTPC Green Energy IPO, brokerage StoxBox has added NTPC stock to its technical pick for October 2024. According to the brokerage, NTPCs focus on renewable energy and low-cost debt further enhances its investment appeal.

The domestic brokerage values the RE business at Rs 88,000 crore but believes the upside for NTPC could largely be priced in. It believes the holding company discount after the NTPC Green Energy listing is hard to predict and investors may prefer investing in NTPC Green Energy over NTPC for RE exposure.

NTPC Green Energy, the renewable energy arm of India’s National Thermal Power Corporation (NTPC), has filed for an initial public offering (IPO) with the Securities and Exchange Board of India to raise $1.

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