NTPC Ltd.

NTPC has made an offer to buy back its masala bonds worth Rs 4,000 crore from bondholders or lenders. Masala bonds are issued outside India but denominated in Indian rupees, rather than the local currency. NTPC has launched a cash tender offer to buy the masala bonds worth totaling Rs 4,000 crore.

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.