New Delhi: India’s largest power producer NTPC is considering fresh offers for a stake in its green arm after top bidder Petronas withdrew its offer, Bloomberg News reported on Thursday.
Malaysia’s Petronas withdrew its earlier offer saying a 20% stake was too small and would not give it a seat on the unit’s board, Bloomberg said, citing people familiar with the matter.
(Reporting by Bharat Govind Gautam in Bengaluru; Editing by Sonia Cheema)
Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.
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