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HomeIndiaIndia's ONGC-NTPC Green Energy joint venture to buy Ayana Renewable

India’s ONGC-NTPC Green Energy joint venture to buy Ayana Renewable

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(Reuters) – State-owned explorer Oil and Natural Gas Corporation (ONGC) said on Wednesday that its joint venture with utility firm NTPC Green Energy will acquire Ayana Renewable Power Pvt Ltd.

Ayana is valued at $2.3 billion including debt, ONGC said in a statement.

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Mrigank Dhaniwala)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

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