NTPC to raise Rs 4,000 crore via debentures

12 Jan 2019 Evaluate

 NTPC is going to raise Rs 4,000 crore through private placement of secured non-convertible bonds in the nature of debentures at a coupon of 8.30% pa with a door to door maturity of 10 years on January 15, 2019.  The proceeds will be utilized to finance capital expenditure / refinancing the debt requirement in on-going projects and other general corporate requirements.

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.

NTPC Share Price

335.95 5.30 (1.60%)
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Peers
Company Name CMP
NTPC 335.95
Tata Power 394.15
Power Grid Corp 277.05
Adani Power 533.70
Torrent Power 1343.00
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