NTPC Ltd.

NTPC is planning to raise $100 million (around Rs 711 crore) fund by way of a term loan from international markets to finance its capital expenditure. The plan also includes a green shoe option of up to $300 million (about Rs 2,135 crore).

The proceeds will be used for setting up coal-fired stations using ultra super-critical technology or coal-fired stations having emissions less than 750 gram of CO2/kWh. The amount will also be used for installing FGD (flue-gas desulphurisation) -- sulphur dioxide-reducing technology -- in existing operating power plants which are not ultra super critical, and at non-coal fired stations.

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.