NTPC Issues Rs 4,000 Crore NCDs for Expansion

  Published 11 months 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.

You might like these

Zee Shareholder Vote Blocks Fund Plan

India Steel Imports Decline in April

Zaggle Expands With New Platform Deal

Sensex Reshuffle: BAJE & TREN In, INBK & NEST Out

Xinjiang Forced Labor Report Sparks Global Supply Chain Tensions

Honasa Consumer: Growth Push & Mamaearth Revival

Paras Defence Wins Rs 141.63 cr TIFCS Order

News that matters the most ⚡