Indian state-run energy company NTPC Ltd (<a href="https://www.bseindia.com/stock-share-price/ntpc-ltd/ntpc/532555/" target="_blank">BOM:532555</a>) is seeking to raise around INR 100 billion (USD 1.2bn/EUR 1.07bn) from the initial public offering (IPO) of its renewable energy unit in an effort to beef up the business’ operations and repay debt.