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Indian Power IPO Worth Investment


The power sector is buzz with activity as 3 power companies have lined up with their IPO and are out to garner a sum of Rs 5,000 crore from Indian public.

Adani Power (Rs 2,200 crore) is likely to hit the market by the July's last wee, and thereafter IPO of National Hydroelectric Power Corporation (NHPC) will follow and thereafter Indiabulls Real Estate's power is likely to follow. NHPC IPO will enable govt to reduce a portion of its stake in the company.


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