NTPC has got shareholders' approval to raise up to Rs 15,000 crore through issuance of the secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures (NCDs). The funds would be raised for capital expenditure, working capital and general corporate purposes, in the domestic market.
The company also got members' approval to amend the Memorandum of Association (MoA) to provide focus on new business segments like e-mobility, waste-to-energy, manufacturing of value added products from fly ash, gypsum etc. and sea water desalination.
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.
| Company Name | CMP |
|---|---|
| NTPC | 400.45 |
| Tata Power | 439.20 |
| Adani Power | 230.15 |
| Power Grid Corp | 313.90 |
| Torrent Power | 1712.20 |
| View more.. | |
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