Indian hydropower firm makes waves with $1.2bn IPO

clock • 2 min read

State-controlled NHPC plans to use capital to build seven new hydro plants

India's largest hydropower company, NHPC, has made waves on the country's National Stock Exchange with a US$1.25bn IPO that was fully subscribed within five minutes of the offer opening on Friday...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Global Briefing: Google and Brookfield partnership aims to deliver 3GW of US hydropower projects

Global Briefing: Google and Brookfield partnership aims to deliver 3GW of US hydropower projects

Plus India reaches clean energy milestone, Cargill and PepsiCo explore regenerative corn faming in the US, and businesses warn against ditching the EU Green Claims Directive

Michael Holder
clock 18 July 2025 • 6 min read
Contracts for Difference: Government announces plans for longer clean power contracts

Contracts for Difference: Government announces plans for longer clean power contracts

DESNZ unveils reforms to upcoming clean power contract auction round to boost investor confidence and curb consumer costs

James Murray
clock 15 July 2025 • 5 min read
'We need to go further and faster': NESO makes the case for accelerated clean power push

'We need to go further and faster': NESO makes the case for accelerated clean power push

Annual Future Energy Scenarios report argues that rapid roll out of clean power system through to 2030 is key to unlocking next phase of the net zero transition

James Murray
clock 14 July 2025 • 9 min read