NTPC green energy’s $1.2 billion IPO fully sold on last day

NTPC Green Energy Ltd., the renewable energy branch of Indian power giant NTPC Ltd., has successfully raised $1.2 billion in its initial public offering. The IPO, fully subscribed on its final day, highlights the strong investor interest in India's booming renewable energy sector, a key element of the nation's ambitious net-zero goals.

NTPC green energy’s $1.2 billion IPO fully sold on last day

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NTPC Green Energy Ltd., the renewable energy branch of Indian power giant NTPC Ltd., has successfully raised $1.2 billion in its initial public offering. The IPO, fully subscribed on its final day, highlights the strong investor interest in India's booming renewable energy sector, a key element of the nation's ambitious net-zero goals.