NTPC, ONGC and SJVN prepare to launch green energy IPOs

New Delhi: The Govt has set ambitious targets to reduce its carbon intensity to lower than 45% by 2030.

The government aims to incorporate 50% renewable energy into its power mix and reach a renewable energy capacity of 500 GW by the same year, ultimately striving for net-zero carbon emissions by 2070.

Amid the government’s focus on sustainable development, state-run companies like ONGC, NTPC, and SJVN Ltd are preparing to launch initial public offerings (IPOs) for their green energy arms to tap into the sector’s opportunities.

NTPC Green Energy, the renewable energy arm of state-run power generation company NTPC has already filed draft papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise ₹10,000 crore via an initial public offering (IPO). How ever according to the sources companies like ONGC and SJVN will also enter share market with their green initiative in first quarter of 2025.