Malaysia's Petronas offers $460m for 20% stake in green arm of India's NTPC

Malaysia's Petronas offers $460m for 20% stake in green arm of India's NTPC

FILE PHOTO: A logo of Petronas is seen at their office in Kuala Lumpur, Malaysia, April 27, 2022. REUTERS/Hasnoor Hussain

Malaysia’s Petronas has offered 38 billion rupees ($460 million) to buy a 20% stake in the green energy arm of India’s largest power producer, NTPC, in the first deal of its kind by a state-run firm, three sources told Reuters.

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