NTPC Forms Mauritius Subsidiary to Develop Floating Solar and Battery Storage
NTPC Limited incorporated a wholly owned subsidiary, NTPC (Mauritius) Energy Limited, on June 26, 2026, to develop floating solar and battery storage projects in Mauritius. The company capitalized it with MUR 1,000,000 and set a primary focus on FSPV with BESS. The move aligns with SEBI insider trading rules, with the trading window closed from July 1, 2026 until 48 hours after Q1FY26 results.