NTPC Issues Rs 4,000 Crore NCDs for Expansion

  Published 1 year ago

NTPC issues 4,000 crore NCDs at 6.89% for a 10-year tenor, proceeds for capital expenditure, refinancing, and corporate purposes.

  • Unsecured non-convertible debentures of 4,000 crore via private placement at 6.89% annual coupon, maturing on 18 June 2035 and listed on NSE.
  • Proceeds to be used for capital expenditure, refinancing loans, and other general corporate purposes (inter alia) as per the company's plan.
  • Unit 3 (660 MW) at North Karanpura Super Thermal Power Project (3x660 MW) declared COD on 15 June 2025.

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