Business World

Highlights :  S tate-run NTPC to buy Anil Ambani's Power Distribution Units. NTPC wants to acquire 51 % stake in BRPL and BYPL, which are on sale. Reliance Infrastructure owns a majority stake in BRPL and BYPL , which are joint venture with Delhi Government. NTPC, the country's largest electricity generator, said that it is interested in buying a majority stake in Reliance Group's Power  Distribution asset in Delhi. NTPC wants to acquire 51 % stake in  BRPL and BYPL, which are on sale. Reliance Infrastructure owns a majority stake in BRPL ( BSES Rajdhani ) and BYPL ( BSES Yamuna ) , which are joint venture with Delhi Government. The Reliance Group, controlled by Anil Ambani, has been looking to cut debt by selling stake in some of its companies. About NTPC : NTPC Limited, National Thermal Power Corporation Limited ,  is an Indian Public Sector Undertaking, engaged in the business of electric generations and allied activities. The headquarter of NTPC is situated a...