NTPC FPO likely in the first week or second week of February - Indian IPO Blog

Friday, January 8, 2010

NTPC FPO likely in the first week or second week of February

The Follow-on Public Offer (FPO) of National Thermal Power Company (NTPC), India's largest power generation company may hit the markets in the first or second week of February, 2010. Earlier, NTPC had come up with an IPO in October and is among the largest five companies in India in terms of market capitalisation.

National Thermal Power Corporation (NTPC) is the largest power generating company in India with a nationwide presence. India’s largest power company, NTPC was set up in 1975 to accelerate power development in India. Apart from power generation, which is the mainstay of the company, NTPC has already ventured into consultancy, power trading, ash utilisation and coal mining.

The total installed capacity of the company is 30, 644 MW (including JVs) with 15 coal based and 7 gas based stations, located across the country. In addition under JVs, 3 stations are coal based & another station uses naptha/LNG as fuel

Stay tuned to Indian IPO Blog for more on NTPC FPO!

1 comment:

  1. Great. I recently took this share for intraday and got profit of 1k. Great share for intraday buy call.