NTPC to raise Rs 1,500 crore via NCDs
27th Apr 2022

NTPC has decided to issue unsecured non-convertible debentures (NCDs) of Rs 1,500 crore on April 29, 2022, through private placement at a coupon of 5.78% p.a. with a door to door maturity of 2 years on April 29, 2024. The proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes. The debentures are proposed to be listed on BSE.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.