Cabinet approves disinvestment of govt’s entire stake held in NEEPCO to NTPC
21st Nov 2019

The Cabinet Committee on Economic Affairs has accorded 'In-principle' approval for strategic disinvestment of Government of India shareholding of 100% in North Eastern Electric Power Corporation (NEEPCO) along with transfer of management control to an identified CPSE strategic buyer, namely, NTPC.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.