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In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that NTPC Ltd. has executed Share Purchase Agreements with GAIL (India) Limited (GAIL) on 23rd February, 2021, for purchase of GAIL's share (25.51%) in Ratnagiri Gas and Power Pvt. Ltd. (RGPPL) and Sale of NTPC's share (14.82%) (on fully dilutive basis) in Konkan LNG Ltd. (KLL).
After transfer of shares as per the Share Purchase Agreements, NTPC will exit from KLL and NTPC's shareholding in RGPPL will become 86.49 %.
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