MoneyWorks4Me

NTPC planning to raise up to Rs 12000 crore

22 Jun 2023 Evaluate

NTPC is planning to raise up to Rs 12000 crore through issuance of secured/ unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures (Bonds/NCDs), subject to approval of shareholders in the ensuing Annual General Meeting. A meeting of the Board of Directors of the Company is scheduled to be held on June 24, 2023 to, inter-alia, consider the same. 

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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