-5.80 (-1.63%) NTPC has raised Rs 1,000 crore through private placement of secured non-convertible debentures at a coupon of 8.05% per annum with a 10 year door-to-door maturity on May 05, 2016. The proceeds will be utilized to finance capital expenditure/refinancing the debt requirement in on-going projects including recoupment of expenditure already incurred.
NTPC is engaged in generating power. Its services include consultancy, power management institute and research and development center. It offers services in engineering, project and construction management, operation and maintenance of power generating plants and consultancy services to power utility sectors.