NTPC Ltd.

NTPC has proposed to raise funds up to Rs 18,000 crore through the issue of bonds/debentures on a private placement basis. The company will seek shareholders’ approval in its annual general meeting on September 28, 2021 for the same.

In addition to capital expenditure requirement, the company also needs to borrow for meeting its working capital requirement and other general corporate purposes, which is partly proposed to be met through the issuance of non-convertible bonds.

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.