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Tata Power raises Rs 1,000 crore through NCDs

30 Dec 2022 Evaluate

Tata Power has raised Rs 1,000 crore through allotment of 10,000 unsecured, redeemable, taxable, listed, rated, Non-Convertible Debentures (NCDs) on private placement basis. The maturity of Series I NCDs worth Rs 500 crore is scheduled on January 8, 2030 while the Series II NCDs worth Rs 500 crore would mature on December 29, 2032.

Tata Power Company is India's Largest Integrated Power Company.

Peers
Company Name CMP
NTPC 309.10
Tata Power 344.20
Adani Power 191.20
Power Grid Corpn. 260.40
Adani Energy Solut. 1361.00
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