NTPC gets shareholders’ nod to raise up to Rs 15,000 crore via bonds

23 Aug 2019

NTPC has received approval from its shareholders to raise up to Rs 15,000 crore through issuance of bonds and to raise its borrowing limit to Rs 2 lakh crore. The funds raised will be used for capital expenditure, working capital and general corporate purposes.

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.

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