With the current government’s aim of pushing privatisation and achieving 500 GW of renewable capacity by 2030, there is another IPO that arises from this constantly evolving space - NTPC Green Energy Ltd. As a subsidiary of NTPC Ltd, NTPC Green is aggressively focused on solar and wind capacity expansions - aligning with India’s green energy ambitions. But is this IPO the right pick for listing gains or long-term potential? Let’s explore its business, financials, and valuations to find out!