NTPC Limited has signed an agreement to acquire the remaining 26% equity stake in its joint venture, NTPC EDMC Waste Solutions Private Limited (NEWS), from the Municipal Corporation of Delhi. Through this acquisition, valued at Rs. 5.20 lakh, NEWS will transition into a wholly-owned subsidiary of NTPC. The strategic move aims to consolidate the company’s Waste to Wealth business operations as part of its long-term growth and diversification strategy.
Strategic Business Consolidation
On May 7, 2026, NTPC Limited finalized a termination agreement with the Municipal Corporation of Delhi (MCD) to acquire the latter’s 26% shareholding in NTPC EDMC Waste Solutions Private Limited (NEWS). By purchasing these 52,000 equity shares, NTPC moves to 100% ownership of the entity, effectively bringing the waste management and energy generation business entirely under its direct control.
Deal Rationale and Objectives
This acquisition serves as a key pillar in NTPC’s ongoing efforts to consolidate its Waste to Wealth portfolio. Since its incorporation on June 1, 2020, the joint venture has operated within the waste-to-energy sector. By integrating NEWS as a wholly-owned subsidiary, NTPC plans to streamline its management and focus on scaling its waste processing and energy generation capabilities more effectively.
Financial and Project Outlook
The total cost for the acquisition of the 26% stake is Rs. 5,20,000. The transaction is expected to be completed within Q1 of FY 2026-27 (April–June 2026). NEWS has shown a steady growth trajectory in its recent annual turnover, reaching Rs. 1.28 lakh in the 2024-25 fiscal year. This move marks a significant step forward in the company’s commitment to sustainable and circular economy initiatives.
Source: BSE
