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NTPC raises Rs 900 crore through NCDs

24 Feb 2021 Evaluate

NTPC has raised Rs 900 crore through issuance of 9,000 unsecured, redeemable, taxable, listed, rated non-convertible debentures (NCDs) on February 23, 2021. The Series-I debentures worth Rs 400 crore would mature on February 23, 2024, while Series-II debentures worth Rs 500 crore would mature on February 23, 2026.

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 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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