NTPC in race to buy Delhi discoms from Reliance Infra

NTPC has only been keen on buying stressed private power projects that moved to bankruptcy court. Early this year the company outbid the Adani Group in the race for the Avantha Group's 600 mw Jhabua power plant in Madhya Pradesh with a Rs 1,900 crore offer. In its letter to DERC secretary Mukesh Wadhwa, NTPC said it has decided to foray into distribution sector and is keen on acquiring distribution assets.

from Markets-Economic Times https://ift.tt/36Carle