NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
343.50
-2.75 (-0.79%)
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NTPC planning to raise up to Rs 12,000 crore through bonds

Date: 07-08-2023

NTPC is planning to raise up to Rs 12,000 crore through the issuance of bonds/debentures on a private placement basis in the domestic market for capex, working capital and general corporate purposes. As the company is under capacity expansion mode, a major portion of capital expenditure requirement has to be funded by debt. The company will seek shareholders' nod in its annual general meeting on August 30, 2023.

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.