The renewable energy sector is set for significant IPO activity, with a major clean energy firm aiming for a $12 billion valuation and ₹10,000 crore raise. Recent successful listings highlight the strong investor interest in India’s expanding sustainable energy market.
NTPC Green Energy (LTTS) is one of India’s biggest renewable listings:
NTPC Green Energy is preparing to launch an IPO targeting a valuation of nearly $12 billion, with aim to raise up to ₹10,000 crore. This clean energy company’s listing could become one of the largest in India’s renewable energy sector, underscoring the rising demand for sustainable investments in the country.
Following the recent IPO of Waaree Energies, which raised $514 million and saw its shares surge by 56% upon debut, NTPC Green Energy’s IPO draws investor attention to India’s renewable energy sector. Waaree’s listing, oversubscribed over 70 times, attracted interest from prominent global firms such as Goldman Sachs, BlackRock, and Morgan Stanley, showcasing the appeal of India’s expanding clean energy market.
Meanwhile, ACME Solar Holdings, another player in renewable energy, plans to raise $344 million through its IPO. The issue has already witnessed strong demand from retail and institutional investors, indicating a positive outlook for renewables. ACME Solar’s shares are expected to list on the exchanges tomorrow, adding momentum to the renewable energy sector’s growth in public markets.
Recent News About NTPC Green Energy:
NTPC Green Energy is set to launch a substantial IPO, targeting up to ₹10,000 crore, with an expected valuation nearing $12 billion. This anticipated listing aims to attract investors seeking growth in India’s renewable energy sector, reflecting the country’s shift toward sustainable energy sources.
About NTPC Green Energy Industries:
NTPC Green Energy Limited, a wholly-owned subsidiary of NTPC Limited, focuses on renewable energy initiatives across India. Established to advance sustainable power solutions, the company specialises in solar and wind projects. With a diverse portfolio, NTPC Green is expanding rapidly, contributing to India’s clean energy targets and sectoral growth.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
