NTPC Ltd.

NTPC’s arm -- NTPC Green Energy (NGEL) has invited bids for rupee denominated term loan of up to Rs 9,000 crore. NGEL intends to raise fresh debt and repay outstanding liability of Rs 8,200 crore towards NTPC by March 31, 2023 along with applicable interest cost.

Also, additional funds to the tune of Rs 800 crore would be required for additional debt liability and for balance capex payments of projects which are yet to achieve full commercial operations. Thus, NGEL has invited offer for rupee term loan of up to Rs 9,000 crore.

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.