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NTPC gets nod to raise Rs 12,000 crore via NCDs

30 Jul 2018 Evaluate

NTPC has received an approval for raising funds upto Rs 12,000 crore through issuance of secured/ unsecured, redeemable, taxable/ tax-free, cumulative/ non-cumulative, Non-Convertible Debentures (NCDs). The meeting of the Board of Directors of the company held on July 28, 2018, approved the same.

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 323.50
Tata Power 356.10
Adani Power 195.05
Power Grid Corpn. 267.95
Adani Energy Solut. 1371.00
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