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Home News

ONGPL Acquires Ayana Renewable Power in 100% Stake Deal

Palak by Palak
February 14, 2025
in News
Reading Time: 1 min read
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ONGPL
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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.

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