NTPC Limited signed an agreement to acquire remaining 26% stake in NTPC EDMC Waste Solutions Pvt. Ltd from Municipal Corporation of Delhi for INR 0.52 million.
NTPC Limited (NSEI:NTPC) signed an agreement to acquire remaining 26% stake in NTPC EDMC Waste Solutions Pvt. Ltd from Municipal Corporation of Delhi for INR 0.52 million on May 7, 2026. A cash consideration of INR 0.52 million will be paid by NTPC Limited. As part of consideration, INR 0.52 million is paid towards common equity of NTPC EDMC Waste Solutions Pvt. Ltd. Upon completion, NTPC Limited will own 100% stake in NTPC EDMC Waste Solutions Pvt. Ltd.
The expected completion of the transaction is in Q1 of FY 2026-27.
NTPC Ltd is the Indian leader in production of electricity. Moreover, the group ensures the development, construction and installation of power plants. Net sales break down by activity as follows:
- production of electricity (94.2%): from coal, hydraulic, solar and wind energy;
- other (5.8%): consulting services, management of construction of electricity production units projects, exploration of oil and gas and coalmines operating.
At the end of March 2022, NTPC has an installed capacity of 68,962 MW.
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NTPC Limited signed an agreement to acquire remaining 26% stake in NTPC EDMC Waste Solutions Pvt. Ltd from Municipal Corporation of Delhi for INR 0.52 million.