NTPC Ltd.

NTPC is all set to issue unsecured non-convertible debentures (NCDs) of Rs 2,000 crore on August 25, 2022, through private placement at a coupon of 7.44% p.a. with a door to door maturity of 10 years on August 25, 2032. The proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes. The debentures are proposed to be listed on NSE.

Debenture Trust Deed will be duly executed as per the requirements of and within the period of time prescribed under the Companies Act and rules specified therein. These debentures are issued under the approval obtained through shareholders' resolution dated 28 September, 2021.

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.