ONGC NTPC Green Private Limited (ONGPL), a 50:50 joint venture between ONGC Green Limited and NTPC Green Energy Limited has signed a share purchase agreement (SPA) for the acquisition of a 100 per cent equity stake in Ayana Renewable Power Private Limited for a total consideration of Rs 195 billion.
The agreement was signed with National investment and infrastructure fund, British International Investment and Eversource Capital.