India's coal power giant NTPC Limited (NSEI:NTPC) expected to raise INR 150 billion ($2 billion) through initial public offerings in three units including its renewables business, and the paring of a joint venture stake, according to a company official familiar with the plans. The state-run generator plans to sell shares in NTPC Renewable Energy Limited within a year, the official said, asking not to be named as the plans are still not public. A listing of hydropower unit North Eastern Electric Power Corporation Limited, which it bought in 2020, and power trading arm, NTPC Vidyut Vyapar Nigam Ltd., are planned for early 2024, the person said.