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NTPC receives shareholders’ nod to raise Rs 5,000 crore

21 Sep 2015 Evaluate

NTPC has received its shareholders’ nod to raise Rs 5,000 crore through issuance of bonds or debentures on private placement basis. The company had tabled a special resolution to raise the amount of Rs 5,000 crore through bonds in its annual general meeting held on September 18.

NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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