In the coming time, a big issue is going to come in the IPO market. The green energy unit of the government company NTPC has filed its application for IPO. NTPC Green Energy, a company in the queue to be listed, will try to raise Rs 10 thousand crore from the market. At present, it seems to be the right opportunity for the company to raise funds from the IPO market. Actually, the Government of India is continuously increasing its focus on green energy. Along with this, continuous action is also being seen in the IPO market. From retail investors to big investors, everyone is giving a great response to the issue coming in the market.
 

According to the information received from the draft paper, NTPC's unit will only issue new shares and existing shareholders will not sell their shares. The country's big power players are increasing their focus on renewable energy. These companies are constantly coming up with new plans for the expansion of green energy. At the same time, the Government of India is also focusing on green energy. The government has set a target of adding at least 500 GW of clean energy capacity by 2030 to reduce carbon emissions. NTPC's green energy unit can also benefit from this focus on green energy. According to the documents provided by NTPC, the money raised from the IPO will be used to repay a debt of Rs 7500 crore. By the end of June, the total debt of NTPC Green Energy was Rs 15,277 crore. That is, after the IPO, the debt will be reduced to almost half.

At the same time, action is also going on in the IPO market. So far this year, 235 companies have come to the market to raise funds and all of them have paid a total of more than $ 8.6 billion. This is more than the amount raised in the entire last year.