According to Economic Times, ICICI Ventures, L&T and IL&FS are in the race to acquire a 51% stake in NTPC-BHEL Power Projects.
Mr K Ravi Kumar, CMD of BHEL has said that NBPPL is yet to take a final decision.
According to the business plan of NBPPL, it will be investing Rs 6000 crores funded through a 70:30 D/E ratio.
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