NTPC Ltd.

NTPC is planning to raise $500 million plus green shoe option of $250 million through external commercial borrowing (ECB). The proceeds of the loan shall be utilised towards capital expenditure for ongoing/new capacity addition programme including renewable energy projects, coal mining & washeries, refinancing of existing ECBs/rupee loans availed domestically for capex etc.

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.