4.80 (1.39%) NTPC has listed its $6 billion Medium-Term Note (MTN) programme on India International Exchange at IFSC, GIFT City. The company became India’s first quasi-sovereign company to list at India International Exchange.
The listing will help the company to raise funds at lower costs from international investors and also allow foreign investors to access good quality Indian debt paper.
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.