NTPC Ltd.

NTPC has decided to raise Rs 1,000 crore on July 31, 2020, through private placement of unsecured non-convertible bonds in the nature of debentures at a coupon of 6.29% p.a. with a door to door maturity of 10 years, 8 months and 11 days on April 11, 2031. The proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes.

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.