MONETISATION PLAN

NTPC plans to list three subsidiaries: NREL: Renewable energy arm incorporated last year, to help execute 60 Gw RE by 2032 plan by NTPC

NVVN: Power trading arm now recasting into energy transition/ environment company

NEEPCO - Acquired from the Centre last year, helped NTPC increase its hydro footprint and presence in the Northeast

To exit from the 50:50 joint venture in NTPC-SAIL Power Company