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RattanIndia Power planning to raise Rs 1350 crore through NCDs

11 May 2023 Evaluate

RattanIndia Power is planning to raise Rs 1350 crore for debt refinancing including by way of issuance of rated, listed or unlisted, secured, redeemable, nonconvertible debentures (NCDs) in one or more series/ tranches, on private placement basis. A meeting of the Board of Directors of the Company shall be held on May 14, 2023 to consider and approve the same. 

RattanIndia Power is developing coal based thermal power projects Amravati and Nasik in Maharashtra.


Peers
Company Name CMP
NTPC 326.50
Tata Power 367.00
Adani Power 207.20
Power Grid Corpn. 266.90
Adani Energy Solut. 1405.00
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