NTPC Limited — JV/Acquisition, 07-05-2026: Acquisition
07-05-2026 · 06:03 pm
NTPC has acquired the remaining 26% stake in NTPC EDMC Waste Solutions Private Limited (NEWS) from Municipal Corporation of Delhi for ₹0.052 Cr. This move makes NEWS a wholly-owned subsidiary, consolidating NTPC's "Waste to Wealth" business in waste management and energy generation. This acquisition offers NTPC full control over the strategic growth of this specialized segment. While NEWS's past turnover was small, for example, ₹0.0128 Cr in 2024-25, the deal is crucial for integrating this business line.
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