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NTPC Green Energy IPO subscribed 33% on Day 1 of offer; retail portion oversubscribed

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NTPC Green Energy Ltd’s IPO received bids for a third of the shares on its first day, with the retail portion oversubscribed. The company aims to raise Rs 10,000 crore to repay debt and fund growth. It plans to expand its renewable energy capacity significantly in the coming years, including pumped hydro projects.

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Markets Top Stories

Stocks of Adani Group going into a tailspin raises concern over Vizhinjam seaport development in Kerala

Top Stories

Moody’s to evaluate Adani Group’s governance amid bribery allegations

Top Stories

Russia launches ICBM strike against Ukraine as war escalates

Top Stories

Google on US govt’s proposal to break co: Wildly overboard and …