NTPC Limited to acquire government’s entire stake in THDC India and NEEPCO

The Competition Commission of India (CCI) recently permitted the Maharatna PSU NTPC Limited to acquire the government’s entire stake in THDC India and North Eastern Electric Power Corporation Ltd (NEEPCO).

NTPC will acquire 100 per cent of the issued and paid-up share capital of the NEEPCO and 74.5 per cent in THDC India, the rest of which is held by Uttar Pradesh state government.