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State owned NTPC on Tuesday said it has signed a share purchase agreement to buy GAIL 25.51 per cent stake in Ratnagiri Gas and Power Pvt Ltd. After that NTPC would have 86.49 percent stake in RGPPL. The transfer of shares, NTPC will exit KLL, and NTPC shareholding stand at 86.49 percent. RGPPL own a integrated Power generation and re-gasified LNG facility.
