Acquisition

NTPC has established NTPC (Mauritius) Energy Limited as its new wholly-owned subsidiary, capitalized at INR 0.198 Cr (MUR 1 Million). This strategic move is designed to spearhead the development of Floating Solar Photovoltaic (FSPV) projects, integrated with Battery Energy Storage Systems (BESS), and pursue other power sector opportunities in Mauritius.

This marks a significant step for NTPC, expanding its international footprint and reinforcing its commitment to renewable energy.

The new entity will boost NTPC's green energy portfolio and establish its presence in the growing Mauritian power market.