Tag Archives: green energy investment

ONGC-NTPC green JV acquires Ayana in $2.3 billion deal – The Times of India

ONGC-NTPC green JV acquires Ayana in .3 billion deal – The Times of India

NEW DELHI: ONGC-NTPC Green Pvt Ltd, an equal joint venture between ONGC Green Ltd and NTPC Green Energy Ltd, on Wednesday signed a share purchase agreement (SPA) to acquire Ayana Renewable Power Pvt Ltd at an enterprise value of $2.3 billion.This is the second-largest acquisition in the renewable space after the Adani Green Energy Ltd’s acquisition of SB Energy from …

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