India: Govt eyes $390m from sale of 15% stake in power firm NLC

India: Govt eyes $390m from sale of 15% stake in power firm NLC

Photo: Hemant Mishra/Mint

With the government successfully raising about Rs9,100 crore by selling a stake in NTPC Ltd through an offer for sale (OFS), it is now looking at selling a 15% stake in another power producer NLC India Ltd, two people aware of the developments said.

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