Renewable infrastructure investment trust by NTPC

Country’s largest power producer NTPC proposes to forge a joint venture with government’s strategic investment fund NIIF to set up an infrastructure investment trust (InvIT).

The proposed InvIT will help NTPC to monetise some of its operational renewable energy projects. Funds raised from such exercise would be used by the power producer to invest in additional renewable capacity.

As per initial plan, NTPC would put the entire 1 GW of operational renewable assets and the 2 GW of RE projects in the pipeline under the trust. This will help to raise capital for expansion of renewable capacity.The power producer is also looking to expand the scope of its partnership with NIIF to foray in the power distribution business where it is bidding for privatisation of Union Territory DISCOMs.

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