NTPC’s Offer for Sale

February 7, 2013

Cleary Gottlieb represented Citigroup Global Markets India Private Limited, Deutsche Equities India Private Limited, Goldman Sachs (India) Securities Private Limited, Kotak Securities Limited, Morgan Stanley India Company Private Limited and SBICap Securities Limited as brokers in connection with a Rs 11,500 crore ($2 billion) offer for sale of shares of NTPC Limited, the state-owned electric utilities company, by the President of India, acting through the Ministry of Power, Government of India.

The share sale closed on February 7, 2013.