Trade barriers with China will negatively impact us: NTPC Green Energy

The green energy arm of India’s largest power producer NTPC has said in its DRHP filing that the government’s restrictions on trade ties with China will have a negative impact on its operations as the neighboring country is a leader in manufacturing solar and wind equipment.

NTPC Green Energy Ltd (NGEL), which filed for IPO last week, aims to start listing in the next two months.

NGEL’s DRHP has enabled several risk areas for their business, of which imports from China are a major factor.

All of NTPC’s green energy projects were placed under NGEL when it was established