<article><div>
<div class="mb20">
<div>
<div data-qa-component="story-content-collapsable">
<div class="mh-auto overflow-hidden mh-none--print" data-qa-component="collapsable-content">
<div class="font-knowledge regular line-height-1-5 text-story color-black f6 pt16 pb20 border-bottom border-gray-22 story-copy" dir="auto" data-qa-component="item-story" data-rc-highlight="story">
<p class="tr-story-p1">Shares of India&#8217;s<span class="highlight" data-qa-component="highlight-text"> NTPC </span><span class="highlight" data-qa-component="highlight-text">Green </span>Energy, the renewable energy arm of power producer<span class="highlight" data-qa-component="highlight-text"> NTPC </span>surged 11.9% in trading debut on Wednesday as investors bet on the country&#8217;s growing clean energy needs.</p></article>

NTPC Green's $1.2 billion IPO garnered bids worth $1.8 billion last week and was oversubscribed by two times.

India's NTPC Green Energy rises on trading debut after $1.2b mega IPO

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

You may also like

NTPC Green's $1.2b Indian IPO oversubscribed

India's NTPC Green sets price band for $1.2b IPO

Read more from India

Beyond the Buyout: India’s legacy funds must ‘modernise or make way’

General Atlantic fund admin taps over $500m SE Asia opportunity