NTPC, the largest power generator in the country has raised Rs 800 crore through private placement of secured non-convertible debentures at a coupon of 7.58% p.a. with a door to door maturity of 10 years. The proceeds will be utilized to finance capital expenditure / refinancing the debt requirement in on-going projects including recoupment of expenditure already incurred.
NTPC is an Indian central Public Sector Undertaking (PSU) under the Ministry of Power, Government of India, engaged in the business of generation of electricity and allied activities.
