Thursday, October 23, 2008

Public Offer For NTPC And NHPC Will Come When Market Ipo - Oct 23, 2008

Government had informed that public offer for the sale of shares in the power firms NTPC and NHPC will wait till market will become stable. It will come when market conditions will be appropriate as at present situation is not in favour. According to the Power Secretary Anil Razdan, "NTPC's Follow-on Public Offer and NHPC's Initial Public Offer will come when the market conditions are conducive.

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