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NTPC seeks shareholders’ nod to raise Rs 15,000 crore through NCDs

22 Aug 2017 Evaluate

National Thermal Power Corporation (NTPC) is intending to raise Rs 15,000 crore through non-convertible debentures (bonds) in one or more tranches or series through private placement, in the domestic market for capital expenditure, working capital and other general requirements. The company will seek shareholders' nod for the same at the Annual General Meeting scheduled on September 20.

National Thermal Power Corporation (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.

Peers
Company Name CMP
NTPC 321.30
Tata Power 351.00
Adani Power 200.70
Power Grid Corpn. 257.00
Adani Energy Solut. 1346.40
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