NTPC Ltd.

In line with Corporate Disclosure requirements, NTPC has informed that the company has decided to issue unsecured non-convertible debentures of Rs 500 crore on 16.12.2022, through private placement at a coupon of 7.44% pa with a door-to-door maturity of 10 years 3 months 30 days on 15.04.2033. The proceeds will be utilized for, funding of capital expenditure, refinancing of existing loans and other general corporate purposes. The debentures are proposed to be listed on BSE. 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 being issued under the recommendation of board resolution dated 29.07.2022 and subsequent approval obtained through shareholders’ resolution dated 30.08.2022.

The above information is a part of company’s filings submitted to BSE.