NEW DELHI : State-run power giant NTPC is unlikely to conclude its about ₹10,000-crore acquisition deal to buy government's stake in THDC India and North Eastern Electric Power Corporation, according to a source. The Department of Disinvestment and Public Asset Management (DIPAM) has engaged RBSA Advisors for evaluating NEEPCO and Deloitte for THDCIL transactions. The Government of India's shareholding of 74.23 per cent in THDCIL will be divested along with transfer of management control to NTPC. Similarly, the government's shareholding of 100 per cent in NEEPCO will be divested along with transfer of management control to NTPC. NEEPCO also has one 600 MW hydro power project under development.
Source: Mint January 26, 2020 16:30 UTC