NTPC Limited
Government of Singapore decreased its stake in NTPC Limited from 2.16% to 1.98%, selling 17,249,262 shares. The transaction value is estimated to be ₹593.84 Cr based on the share price of ₹344.25.
India's largest power generation company, NTPC operates thermal power plants and sells bulk electricity to state utilities across the country. Beyond power generation, the company provides engineering consultancy, project management and supervision services to clients. Its subsidiaries and joint ventures extend operations into energy trading, oil and gas exploration, and coal mining, establishing NTPC as a diversified player in India's energy sector.
Singapore sovereign investor (GIC), managing the Government of Singapore's foreign reserves. One of the world's largest SWFs with significant Indian equity holdings.