India's ONGC-NTPC Green Energy joint venture to buy Ayana Renewable

NTPC Green Energy

12/02/2025 11:24

Feb 12 (Reuters) - State-owned explorer Oil and Natural
Gas Corporation (ONGC)  ONGC.NS  said on Wednesday that its
joint venture with utility firm NTPC Green Energy  NTPG.NS  will
acquire Ayana Renewable Power Pvt Ltd.
    Ayana is valued at $2.3 billion including debt, ONGC said in
a statement. 

 (Reporting by Hritam Mukherjee in Bengaluru; Editing by Mrigank
Dhaniwala)
 ((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))