NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
338.65
-0.10 (-0.03%)
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NTPC planning to raise Rs 500 crore through NCDs

Date: 15-12-2022

NTPC is planning to raise Rs 500 crore on December 16, 2022 through the issuance of non-convertible debentures (NCDs) on a private placement at a coupon of 7.44 per cent per annum with a door to door maturity of 10 years 3 months 30 days on April 15, 2033. 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 BSE.

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.