Editorial

25 Feb 2013 Government of India sale of stake in NTPC

Government of India sale of stake in NTPC - The Government of India has sold a 9.5 per cent in a major state-owned company the electricity utility NTPC Limited. Partial privatisations form a key component of the Indian government's efforts to reduce the fiscal deficit. State owned companies form between 15 to 20% of the total market capitalisation on the Bombay Stock Exchange - so there could be several deals like this in the coming 2-3 quarters. (Herbert Smith Freehills advised the Issuer).

Financial Centre : Singapore
Law Firm : Herbert Smith Freehills
Lawyer : Siddhartha Sivaramakrishnan

Practice Area : Equity Capital Markets
Classification : Block Placings
Industry : Electricity

Advised Party : Issuer

Value Range: USD1000.01-5000.00M

Company Jurisdiction : India
Market Jurisdiction : India